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kokomel23 kokomel23
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2 years ago
Barb and Ken purchased a house for $300,000 in 2005.  When they needed to sell because of a job transfer in 2009, the house was appraised for $250,000 but they put it on the market for $300,000 anyway.  The house is still on the market.  Behavioral tendencies at work here may include

▸ representativeness and narrow framing.

▸ overconfidence and representativeness.

▸ familiarity bias and self attribution bias.

▸ loss aversion and anchoring.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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bruce2710bruce2710
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2 years ago
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kokomel23 Author
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2 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
SlimyPencil
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Just got PERFECT on my quiz
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This site is awesome
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