The tendency of small firms to have higher returns than large firms , even after adjusting for risk, may be attributable to
A) representativeness.
B) overconfidence.
C) familiarity bias.
D) loss aversion.
Answer: C
The tendency of small firms to have higher returns than large firms , even after adjusting for risk, may be attributable to
A) representativeness.
B) overconfidence.
C) familiarity bias.
D) loss aversion.