What are two major categories of representativeness errors, Finance Basics

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What are two major categories of representativeness errors

Question: 1. Explain how errors in information processing may influence asset prices.

2. What are two major categories of representativeness errors, and what impact do they have on investor behavior?

3. What market phenomena may be caused by unstable preferences of investors?

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Finance Basics: What are two major categories of representativeness errors

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Finance Basics: What are two major categories of representativeness errors

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