quiz: 1) _______ is a cause of the winner-loser effect; 2) _______ is a cause of post-earnings-announcement drift 3) _______is a cause of historical equity premium that has been too high, relative to the underlying fundamentals
- gamblers fallacy 2) anchoring 3) representativeness
- Representativeness 2) Anchoring 3) ?
- representativeness 2) conservatism (anchoring is the same thing, i think) 3) mental accounting
- representativeness 2) conservatism 3) representativeness
it came from the summary of the curriculum, and I do not get it, can I get some explanation?
Read the actual text of the book… it is self explanatory.