The Tendency of Investors to Blame Others for Their Failures

question 72

Multiple Choice

The tendency of investors to blame others for their failures and take personal credit for their successes is referred to as

• A) loss aversion.
• B) representativeness.
• C) narrow framing.
• D) biased self-attribution.

---

Definitions:

Balance Theory

A theory that proposes people strive for consistency and balance in their relationships and beliefs for a harmonious state.

Self-Stimulation Theory

A theory suggesting that behaviors are motivated by the intrinsic pleasure they provide.

Sexual Selection

A mode of natural selection where certain traits become more pronounced in a population because they are attractive to the opposite sex or aid in competitive success among the same sex.

Fecundity

the potential reproductive capacity of an individual or population, often measured by the number of offspring born.