Stockbrokers often believe that their own expertise ... - Solved MCQs & Answer

1996PsychologyMedium

Stockbrokers often believe that their own expertise will enable them to select stocks that will outperform the market average. This belief best illustrates:

Athe representativeness heuristic

Bthe framing effect

Coverconfidence

Dfunctional fixedness

Correct answer

C. overconfidence

Explanation

The correct answer is overconfidence.

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