Behavioral Bias and Financial Decision Making - AnalystPrep
https://analystprep.com/cfa-level-1-exam/portfolio-management/behavioral-bias-and-financial-decision-making/
The belief perseverance bias results from the discomfort experienced as a result of new information contradicting previously held beliefs. Often called cognitive dissonance, it occurs when two opposite beliefs conflict with each other. There are five sub-types of perseverance biases: 1. Conservatism bias. 2. Confirmation bias. 3. Representativeness...
The belief perseverance bias results from the discomfort experienced as a result of new information contradicting previously held beliefs. Often called cognitive dissonance, it occurs when two opposite beliefs conflict with each other. There are five sub-types of perseverance biases: 1. Conservatism bias. 2. Confirmation bias. 3. Representativeness...
DA: 67 PA: 61 MOZ Rank: 30