This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is correct regarding anchoring bias? (Read 38 times)

Sadjam2

  • Full Member
  • ***
  • Posts: 153
Which of the following is correct regarding anchoring bias?

When the market is performing better than average, anchoring bias makes people tend to think it will perform worse than average.


Anchoring bias is a phenomenon where many people focus too closely on recent events when predicting future events.


When anchoring bias is coupled with overconfidence, investors can become convinced that their prediction of an increasing market is wrong, thus creating even less demand for stocks.


Anchoring bias and overconfidencewill drag down stock prices.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Sadjam2 on Aug 7, 2023

sin

  • Full Member
  • ***
  • Posts: 165
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




Sadjam2

  • Member
  • Posts: 153
Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review


bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Excellent

 

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Thyroid conditions may make getting pregnant impossible.

For a complete list of videos, visit our video library