Question: provide a response to the following discussion post, include citations from recent year articles Provide a concise definition of what constitutes a financial anomaly within

provide a response to the following discussion post, include citations from recent year articles Provide a concise definition of what constitutes a financial anomaly within the context of behavioral finance and decision-making heuristics. According to the article "Anomalies in Finance: What Are They and What Are They Good For?" a financial anomaly is defined as an empirical finding that deviates from the assumptions of financial theories such as the Efficient Markets Hypothesis (EMH) and the Capital Asset Pricing Model (CAPM). These anomalies highlight inconsistencies within the norms of financial economics. The article emphasizes that the term "anomaly" has been increasingly associated with the field of Behavioral Finance, which seeks to explain these irregularities through psychological factors and investor behavior. Choose a specific anomaly grounded in behavioral biases or decision-making heuristics. Explain the anomaly, its origins, and how it manifests in financial markets. Overreaction and underreaction as key psychological factors influencing market anomalies. Overreaction occurs when investors respond excessively to news or events, leading to price movements that do not reflect the underlying value of an asset. This can result in significant price corrections as the market eventually adjusts to more rational valuations. Underreaction happens when investors are slow to incorporate new information into their decision-making processes. This delay can cause asset prices

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