Pair the behavioral bias with the matching description, example, or consequence.

___ Representativeness

___ Regret avoidance

___ Conservativeness

___ Framing

A. Momentum

B. Herding

C. Delayed or underreaction

D. People react differently depending on how a question is phrased

e.g. when asking you to chose between a $1m sure loss or a coin flip with 50% chance of losing $2m or losing nothing: "Who chooses the $1m sure loss?" vs. "Who would like to pay me $1m?"