Examlex
The investment choice of an individual is affected by
I. their tolerance for risk.
II. their prior investment experience.
III. their marginal tax bracket.
IV. the stability of their income.
Self-Serving Bias
A common human tendency to attribute positive events to one's own character but attribute negative events to external factors.
Internal Attributions
The process of ascribing the cause of one's own or others' behavior to personal traits, dispositions, or abilities, rather than to external factors.
External Attributions
The process of inferring that a person's behavior is due to situational factors, rather than aspects of the individual themselves.
Environment
The surroundings or conditions in which a person, animal, or plant lives and operates, including both natural and built environments.
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