Kahneman and Tversky (1973) reported that __________ give too much weight to recent experience compared to prior beliefs when making forecasts.
A) young men
B) young women
C) people
D) older men
E) older women

Question

Quizplus · Accepted Answer

Kahneman and Tversky's research found that people in general, not a specific gender or age group, tend to overemphasize recent information over prior beliefs when making predictions or decisions. This phenomenon is known as the recency effect.

Kahneman and Tversky (1973) Reported That __________ Give Too Much