The tendency of investors to blame others for their failures and take personal credit for their successes is referred to as
A) loss aversion.
B) representativeness.
C) narrow framing.
D) self-attribution bias.

Question

Quizplus · Accepted Answer

Self-attribution bias is the tendency where individuals attribute their successes to personal characteristics or skills and blame failures on external factors. This cognitive bias affects how people perceive their own successes and failures, often leading to an inflated sense of personal achievement and an externalization of blame.

The Tendency of Investors to Blame Others for Their Failures