One important consequence of the self-serving bias is that 12 Multiple Choice 01:09:27 someone could persist in pursuing a failed policy despite overwhelming evidence of the failure. bad decisions can be made because people will act without pausing to see whether their intuition is correct or not some people may wrongly believe in their forecasting ability to predict future outcomes of risky investments some people cannot correct a personal trait that might be causing them to fail in many ventures Solution Option D. An important consequence of self swerving bias is that some people cannot correct a personal trait that might be causing them to fall in may ventures. This is because they perceive oneself in an overly favorable manner..