Behavioral Finance and Body of Knowledge: there are over 30 terms categorized into these areas: 1) cognitive
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Question:
Behavioral Finance" and "Body of Knowledge": there are over 30 terms categorized into these areas:
1) cognitive biases,
2) emotional biases,
3) effects,
4) aversions and
5) other key terms.
Discuss one to three of the terms above.
For each term try to include a discussion about
1) how the problem becomes known or visible (manifestation),
2) why it can hurt investing or financial decisions,
3) solutions to minimize its impact.
Related Book For
Statistics The Exploration & Analysis of Data
ISBN: 978-1133164135
7th edition
Authors: Roxy Peck, Jay L. Devore
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