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8 June, 15:50

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

a. The representativeness heuristicb. The framing effectc. Overconfidenced. Belief perseverance

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  1. 8 June, 19:30
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    C. Overconfidence

    Explanation:

    Overconfidence is a phenomenon which refers to the tendency of individuals such as stockbrokers to underestimate the extent to which our beliefs and judgments are inaccurate.
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