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Match each example to one of the following behavioral characteristics. a. Investors are slow to update their beliefs when given new evidence. (Click to select)Disposition

Match each example to one of the following behavioral characteristics.

a.

Investors are slow to update their beliefs when given new evidence.

(Click to select)Disposition effectRepresentativeness biasRegret avoidanceConservatism biasMental accounting

b.

Investors are reluctant to bear losses due to their unconventional decisions.

(Click to select)Disposition effectRepresentativeness biasRegret avoidanceConservatism biasMental accounting

c.

Investors exhibit less risk tolerance in their retirement accounts versus their other stock accounts.

(Click to select)Disposition effectRepresentativeness biasRegret avoidanceConservatism biasMental accounting

d.

Investors are reluctant to sell stocks with "paper" losses.

(Click to select)Disposition effectRepresentativeness biasRegret avoidanceConservatism biasMental accounting

e.

Investors disregard sample size when forming views about the future from the past.

(Click to select)Disposition effectRepresentativeness biasRegret avoidanceConservatism biasMental accounting

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