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An investor is presented with two pieces information. The first in the Wall Street Journal and the second in the NY Times: WSJ: Shares in
An investor is presented with two pieces information. The first in the Wall Street Journal and the second in the NY Times: WSJ: "Shares in GoldMiners Inc. rose a further 0.6% today, after a week of solid gains". NYT: "Shares in GoldMiners Inc. rose 0.6% today, still below the corresponding S&P/TSX Index which soared a further 2.1%. GoldMiners Inc. shares are still 42% lower than its share price on January 1st of this year". If the investor chose to purchase shares in the company after reading only the WSJ article, this an example of ________. anchoring bias mental accounting representativeness bias framing
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