Recency bias: Difference between revisions
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Revision as of 20:56, 22 November 2023
Cognitive bias.
A cognitive bias of giving more importance to recent events or data when making decisions.
In financial risk management, this bias can lead to overreacting to short-term market fluctuations and overlooking more important long-term trends.
See also
- Affinity bias
- Bandwagon bias
- Behavioural economics
- Choice supporting bias
- Cognitive bias
- Confirmation bias
- Data
- DEBRA
- Debt
- Distribution
- Diversity
- Dunning-Kruger effect
- Emotional intelligence
- Equity
- Finance
- Financial risk management
- Investor
- Objectivity
- Optimism bias
- Reactance bias
- Recency bias
- Self-investment bias
- Social bias
- Source bias
- Trend