Question: One possible reason the markets may not be efficient is that investors make systematic mistakes that lead to inefficiencies such as evaluating risks differently in

One possible reason the markets may not be efficient is that investors make systematic mistakes that lead to inefficiencies such as
evaluating risks differently in up and down markets. This is called:
(A) A cognitive bias
An efficiency continuum
Equilibrium
Derivatives
 One possible reason the markets may not be efficient is that

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