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Which Hidden trap applys to the following example? The Titanic ship was the bigg

ID: 413547 • Letter: W

Question

Which Hidden trap applys to the following example?

The Titanic ship was the biggest passenger ship in the world at its inaugural sailing. The ship was designed according to the latest technological advances in engineering. Safety was the top priority during the design of the ship such that the Titanic had a double steel hull and sixteen compartments that could be sealed off in case of an accident. The designers and the owners of the ship were sure that the Titanic is unsinkable. For this reason, the ship operator, White Star Line, decided to carry only 16 lifeboats on board, instead of the 64 required for a full accomodation of passengers and crew. Despite all of the safety features, the Titanic sunk and more than 1500 passengers died because there were not enough lifeboats (“History of Titanic,” n.d.).

History of Titanic. (n.d.). Retrieved from http://www.historyofthetitanic.org/history-of-the-titanic.html

a.

Anchoring

b.

Status-quo

c.

Framing

d.

Overconfidence

e.

Recallability

f.

Sunk Cost

g.

Confirming Evidence

h.

Prudence

a.

Anchoring

b.

Status-quo

c.

Framing

d.

Overconfidence

e.

Recallability

f.

Sunk Cost

g.

Confirming Evidence

h.

Prudence

Explanation / Answer

Correct Answer:

D.Overconfidence

The white star line made overestimation of the success of the ship and underestimated the potential scope of failure under the influence of overconfidence. So, it is a case of overconfidence trap.

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