Now you see it now you don't: The effectiveness of the recognition heuristic for selecting stocks
It has been proposed that recognition can form the basis of simple but ecologically rational decision strategies (Gigerenzer & Goldstein, 1996). Borges, Goldstein, Ortmann, & Gigerenzer (1999) found that constructing share portfolios based on simple name recognition alone often yielded bette...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Cambridge University Press
2007-02-01
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Series: | Judgment and Decision Making |
Subjects: | |
Online Access: | https://www.cambridge.org/core/product/identifier/S1930297500000255/type/journal_article |