Four "Decision Traps " Identified by Behavioral Finance Are

question 69

Multiple Choice

Four "decision traps " identified by behavioral finance are

• A) overconfidence, representativeness, loss aversion, narrow framing.
• B) lack of confidence, representativeness, overreaction, narrow framing.
• C) overconfidence, representativeness, loss aversion, comprehensive framing.
• D) overconfidence, unfamiliarity bias, loss aversion. narrow framing.

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Definitions:

Thirst

The sensation and regulatory mechanism that motivates the consumption of liquids to maintain optimal levels of body hydration.

Glucagon

A hormone produced by the pancreas that raises blood glucose levels, serving as a counter-regulatory mechanism for insulin.

Pancreas

A gland in the digestive and endocrine system that produces insulin and digestive enzymes.

Pituitary Gland

Endocrine gland attached to the hypothalamus by the infundibulum; also called hypophysis.