NO.PZ2022052202000002
问题如下：
In the 1980s, Japan was viewed by many FMPs as the model economy. Although its growth began to decelerate sharply by 1990, it was not until the mid to late 1990s that FMPs’ GDP forecasts were consistently achieved.
By taking several years to adapt their forecasts to the lower growth environment, FMPs exhibited which behavioral bias?
选项：
A.Mental accounting
Overconfidence
Conservatism
解释：
C is correct. Conservatism bias results in maintain or only slowly updating views and forecasts despite the presence of new information. FMPs in the 1990s were reluctant to update forecasts, despite materially different new information for several years.
老师请问这两者的区别是什么呢？Conservatism bias和Representativeness bias
Conservatism bias反映的行为偏差是保守性偏差，即使有了新的信息，分析师依旧维持原有的观点，或者缓慢的更新观点；那Representativeness bias呢？
