Recency bias is the tendency for people to overweight new information or events, projecting them into the future while ignoring long-term evidence. This bias causes many investors to engage in ...
This is the ninth article in the Behavioral Finance and Macroeconomics series, exploring the effect behavior has on markets and the economy as a whole and how advisors who understand this relationship ...
The constant stream of market news and social media commentary can make it increasingly hard for investors to distinguish ...
The recency effect is the tendency to remember the most recently presented information best. For example, if you are trying to memorize a list of items, the recency effect means you are more likely to ...
Neuroscientists have revealed that recency bias in working memory naturally leads to central tendency bias, the phenomenon where people's (and animals') judgements are biased towards the average of ...
"Shark Week" is an annual block of TV programming on Discovery. It runs July 23 to July 29 this year. Perhaps the most famous shark — the fictional great white from the 1975 Steven Spielberg summer ...
They say a picture is worth a thousand words, so I'm accompanying these with an image that helped inspire the launch of a new MediaPost publication -- the Planning & Buying Insider-- and which I hope ...