Question
it has been frequently found In stock market trading, that investors tend to choose a stock based on its most recent performance while ignoring its
it has been frequently found In stock market trading, that investors tend to choose a stock based on its most recent performance while ignoring its past performance or rating. Which effect in communication leads to this phenomenon? (Please both identify the effect and briefly explain why this phenomenon was cause by the effect you have identified)
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The phenomenon you described is related to the recency effect in cognitive psychology The recency ef...Get Instant Access to Expert-Tailored Solutions
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Financial Markets and Institutions
Authors: Jeff Madura
12th edition
9781337515535, 1337099740, 1337515531, 978-1337099745
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