The tendency to not learn from newly available information is called
A) Stubbornness.
B) Law of small numbers.
C) Conservatism.
D) Representativeness.

Name: The tendency to not learn from newly available information is called A) Stubbornness. B) Law of small numbers. C) Conservatism. D) Representativeness.
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Question

Quizplus · Accepted Answer

Conservatism is the bias in behavioral finance and decision-making where individuals are too slow or reluctant to adjust their beliefs in the face of new evidence.

The Tendency to Not Learn from Newly Available Information Is