aidebaobao

representativeness making judgements based on sterotype ..................oh a stock that goes up will continue going up

aidebaobao

Status quo seems to favor not changing views and just keeping the same. Object in motion must stay in motion.

Anchoring puts too much credence in prior views and not enough in current views. Object is in motion but has slowed but will speed back up again.

Representativeness is the opposite of anchoring, imo. Object slowed down, now it is really going to slow down.

Bayesian Rigidity uses same views even in the face of new and very conflicting information. I do not believe that the object has slowed down, even if it did slow down it is temporary.



Edited 1 time(s). Last edit at Thursday, June 2, 2011 at 09:45AM by Paraguay.