问题如下:
During the rebalancing discussion, which behavioral bias does Neal exhibit?
选项:
A.Framing bias
B.Loss aversion
C.Representative bias
解释:
C is correct.
Representative, or recency, bias is the tendency to overweight the importance of the most recent observations and information relative to a longer- dated or more comprehensive set of long- term observations and information. Return chasing is a common result of this bias, and it results in over-weighting asset classes with strong recent performance.
这个不应该是overconfidence bias吗?representative bias 最核心的是什么呢?