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 ...
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 ...
For all the talk about how political and media bias distort people’s perceptions of current events, another kind of bias may have an even greater impact: Recency bias. Put simply, recency bias is the ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
For all the talk about how political and media bias distort people’s perceptions of current events, another kind of bias may have an even greater impact: recency bias. Put simply, recency bias is the ...