Identify the correct influence on an individual's decision for the following examples: Example Influence The reporter writing an article will interview only those experts who support his views. Confirmation bias Smoking when John is with certain friends. Peer effect Investment managers follow the newest investment trend. Herding Misty is a trend setter causing her class to imitate her. Herding Which of the following is not a correct explanation of an information cascade? (Check all that apply.) O A. It always improves the decision making ability of an individual. O B. It results when individuals are subject to a common shock. O C. It has the potential to occur when people make decisions sequentially. O D. It occurs when the information implied by other people's decisions outweighs the person's private information.

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