Describe and explain some examples of heuristics and their consequences in terms of behavioural bias.

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Behavioural Economics And Finance

ISBN: 9780415792196

2nd Edition

Authors: Michelle Baddeley

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Question Posted: Mar 08, 2024 03:00 AM

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Describe and explain some examples of heuristics and their consequences in terms of behavioural bias.

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Heuristics are mental shortcuts or rules of thumb that individuals use to make decisions quickly and efficiently While heuristics can be helpful in si...View the full answer

Behavioural Economics And Finance

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