Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

24-Behavioural finance is best defined as: a.Taking an overly optimistic view of potential outcomes b.The area of finance dealing with the implications of reasoning errors

24-Behavioural finance is best defined as:

a.Taking an overly optimistic view of potential outcomes

b.The area of finance dealing with the implications of reasoning errors on financial decisions.

c.The belief that your abilities are better than they really are.

d.Searching for (and giving more weight to) information and opinion that confirms what you believe rather than information and opinion to the contrary.

e.The tendency of individuals to make different (and potentially inconsistent) decisions depending on how a question or problem is framed.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Own Your Money

Authors: Michela Allocca

1st Edition

0760381127, 978-0760381120

More Books

Students also viewed these Finance questions

Question

3. Outline the four major approaches to informative speeches

Answered: 1 week ago

Question

4. Employ strategies to make your audience hungry for information

Answered: 1 week ago