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The Influence of Short-Term Thinking on Investment Decisions: Addressing Recency BiasBehavioural Finance 2023. 10. 14. 18:15
A Closer Look In the realm of investment, our innate human tendency is to be captivated by current events and news. This cognitive bias, known as recency bias, can exert a profound impact on our financial choices and outcomes. Unpacking Recency Bias Recency bias materializes when we accord greater importance to the most recent information and experiences while formulating decisions. Consequently..