Multiple Choice
Kahneman and Tversky (1973) reported that people give __________ weight to recent experience compared to prior beliefs when making forecasts. This is referred to as ____________.
A) too little; hyper rationality
B) too little; conservatism
C) too much; framing
D) too much; memory bias
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Markets would be inefficient if irrational investors
Q5: Barber and Odean (2001) report that women
Q6: Barber and Odean (2000) ranked portfolios by
Q7: If information processing was perfect, many studies
Q8: The premise of behavioral finance is that<br>A)
Q10: In regard to moving averages, it is
Q11: Psychologists have found that people who make
Q12: A trin ratio of less than 1.0
Q13: Reliance on recent events could lead to
Q14: DeBondt and Thaler (1990) argue that the