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Victor's colleagues have invested in XYZ shares and enjoyed a 25% return last year. They have been telling Victor to invest in XYZ before it
Victor's colleagues have invested in XYZ shares and enjoyed a 25% return last year. They have been telling Victor to invest in XYZ before it increases further. Victor finally decides to open an investment account and purchase some XYZ shares. Victor's behaviour can be best described by__________.
Group of answer choicescertainty effect
framing effect
substantive rationality bias
availability bias
substitution bias
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