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What is self-serving bias?

  1. Attributing success to external factors

  2. Favorably interpreting personal actions

  3. Making decisions that are in one’s own interest

  4. Judging others more favorably than oneself

The correct answer is: Favorably interpreting personal actions

Self-serving bias refers to the tendency of individuals to interpret events and outcomes in a manner that favors themselves. This often involves attributing personal successes to internal factors, such as their own abilities or efforts, while attributing failures to external factors, such as luck or the actions of others. The correct answer reflects this concept, as it highlights the tendency to favorably interpret one’s own actions. Individuals exhibiting self-serving bias will often take credit for positive outcomes to enhance their self-esteem, viewing their successes as a result of their own skills or hard work. Conversely, when faced with negative outcomes, they may downplay their role and instead attribute these results to situational variables beyond their control. This cognitive bias is a common psychological phenomenon that can impact self-perception and interpersonal relationships.