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agasfer [191]
4 years ago
13

Mike crampton's stockbroker has informed him that he has suffered substantial investment losses. when mike tells his wife, she a

ngrily responds, "i could have told you that your investment plan would fail!" her comment best illustrates
Social Studies
1 answer:
Viefleur [7K]4 years ago
7 0

Her comment best illustrates<u> "hindsight bias".</u>


Hindsight bias is a psychological phenomenon in which past occasions appear to be more noticeable than they showed up while they were happening. Hindsight bias can lead a person to trust that an occasion was more unsurprising than it really was, and can result in a misrepresentation in circumstances and end results. Hindsight bias is considered in behavioral economics.

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Answer:

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