Differentiate the following terms/concepts: a. Primacy and recency effects b. Salience and availability c. Fast-and-frugal heuristics and

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Differentiate the following terms/concepts:
a. Primacy and recency effects
b. Salience and availability
c. Fast-and-frugal heuristics and bias-generating heuristics
d. Autonomic and cognitive heuristics

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Behavioral Finance Psychology Decision-Making and Markets

ISBN: 978-0324661170

1st edition

Authors: Lucy Ackert

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Question Posted: Mar 11, 2016 02:41 AM

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Differentiate the following terms/concepts: a. Primacy and recency effects b. Salience and availability c. Fast-and-frugal heuristics and

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a A primacy effect is the tendency to rely on information that comes first when making an ...View the full answer

Behavioral Finance Psychology Decision-Making and Markets

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