Which of the following represents a bias related to belief perseverance?

Belief perseverance refers to the tendency for people to hold onto their initial beliefs even in the face of contradictory evidence. Hindsight bias is a strong example of this phenomenon. When individuals experience hindsight bias, they often believe that an event was predictable after it has occurred, which can strengthen their original beliefs about causes and outcomes. This can lead them to disregard conflicting information or alternative explanations that could challenge their preconceived notions.

In contrast, the other options do not encapsulate the idea of belief perseverance. Randomized betting bias pertains to the misconceptions people have regarding randomness in gambling contexts. Short-term bias generally refers to the focus on immediate consequences rather than long-term implications, while risk-informed bias might imply a miscalculation or misunderstanding of risk factors but does not directly connect to the persistence of beliefs against contrary evidence. Thus, the connection between hindsight bias and belief perseverance underlines why it is the correct choice in this context.