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Kahneman and Tversky (1973) Reported That People Give __________ Weight

Question 9

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:

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