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With the primacy effect on one end and the recency effect on the other, it’s clear that whatever you learn in the middle of a study session is unlikely to make the cut in your memory.
Recency bias is a psychological trick your brain plays, causing you to place too much importance on recent events, which often results in irrational decision-making.
We’ve all heard the financial services marketing phrase, “Past results are no guarantee of future performance,” but wealth management professionals ...
How to start using the recency effect to ease feelings of anxiety If you’re not ready to immerse yourself into a situation that at one time caused you anxiety, don’t push it.
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 ...
5 Ways to Guard Against Recency Bias. 1. Be a student of long-term market history. When I’m thinking about asset-class performance, I like to look at performance over as long a span as possible.
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 ...
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