Lily wants to invest in the stock market.She notices that the share price for Widgets Inc.has been falling for weeks.She chooses to invest in Widgets Inc.because she assumes it is due for a rebound.Lily suffers from:
A) the hot-hand fallacy.
B) the gambler's fallacy.
C) irrational exuberance.
D) the sunk cost fallacy.
Correct Answer:
Verified
Q31: The hot-hand fallacy:
A) is the belief that
Q32: A dieter who prefers to eat small
Q33: Lily wants to invest in the stock
Q34: A person is dynamically inconsistent if:
A) lapses
Q35: The belief that if you paid more
Q37: Gabby flips a fair coin and it
Q38: A dieter who prefers to eat small
Q39: Projection bias:
A) is the tendency to evaluate
Q40: The gambler's fallacy:
A) is the belief that
Q41: The principle of diminishing sensitivity holds that:
A)
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