Short Answer
Humans tend to give more weight to events of the recent past than to look at the entire history.We could attribute such a bias to limited memory, individuals' myopic view, or just availability of more recent information.We call this bias a(n) _____ bias.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q60: _ refers to money spent that cannot
Q61: The preferences a risk neutral individual can
Q62: Why do we say that the utility
Q63: If utility theory is designed to measure
Q64: According to the utility theory, if bundle
Q65: Individuals can rank order all possible bundles.Rank
Q67: A(n) _ is a mathematical formulation that
Q68: Optimal capital structure is a company's optimal
Q69: Utility theory rests upon the idea that
Q70: The lesser the degree of risk aversion,