Multiple Choice
Escalation bias refers to the situation in which
A) investors have a propensity to sell winners too soon and hang on to losers too long.
B) investors ignore bad news and overemphasize good news.
C) investors tend to follow the herd.
D) investors put more money into a failure rather than into a success.
E) investors are all noise traders.
Correct Answer:
Verified
Correct Answer:
Verified
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