"Reference Point" Behavioral Bias

Is it still in our curriculum?

if yes, how does it differ from loss aversion?

thanks

That’s quite some bumping. :wink:

Is it anything like availability bias (especially recency sub bias) ?

No, it has nothing to do with this.

The reference point bias means that you base your decision as related to a reference price e.g purtchase price.

It has been quite tested in early 2000s

Ok so maybe closer to anchoring bias ?

Yeah sounds like anchoring to me - I read the curriculum and don’t remember coming across reference point bias.

Neither do I. Anchor thing. I guess.