Tuesday, August 11, 2009
Simoleon Sense » Blog Archive » Asset Mispricing Due to Cognitive Dissonance
Simoleon Sense » Blog Archive » Asset Mispricing Due to Cognitive Dissonance: "My favorite concept from this paper: “To alleviate cognitive dissonance, investors endogenously choose to ignore information that conflicts too much with their ex ante expectations.”"We see what we want to see.
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Behavorial Finance
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