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相关概念视频

Actor-Observer Effect01:23

Actor-Observer Effect

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The actor-observer effect, a cognitive bias closely linked to the fundamental attribution error, refers to the tendency for individuals to attribute their behavior to external, situational factors while explaining others’ behavior in terms of internal, dispositional traits. This asymmetry in attribution significantly influences social perception and judgment.Cognitive Mechanisms Behind the EffectTwo primary psychological mechanisms contribute to the actor-observer effect: differences in...
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Correspondence Bias01:17

Correspondence Bias

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Correspondence bias, also referred to as the fundamental attribution error, describes the tendency to attribute another person’s behavior to internal characteristics rather than situational influences. This cognitive bias leads individuals to overlook external factors that may be influencing actions, thereby fostering potentially inaccurate assessments of others’ intentions and dispositions.Empirical Evidence for Correspondence BiasResearch has consistently demonstrated the...
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According to some social psychologists, people tend to overemphasize internal factors as explanations—or attributions—for the behavior of other people. They tend to assume that the behavior of another person is a trait of that person, and to underestimate the power of the situation on the behavior of others. They tend to fail to recognize when the behavior of another is due to situational variables, and thus to the person’s state. This erroneous assumption is...
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Social Proof00:52

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Social proof is a form of persuasion based on comparison and conformity. People compare their behavior and actions to what others are doing and will change to conform to do what their peers do.
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Self-Serving Bias01:29

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Self-serving bias is a cognitive phenomenon in which individuals attribute positive outcomes to internal factors such as their abilities, intelligence, or effort while attributing negative outcomes to external circumstances. This cognitive distortion helps maintain self-esteem but can also impede objective self-assessment.Theoretical Explanations of Self-Serving BiasTwo primary theories explain the self-serving bias: the cognitive explanation and the motivational explanation.The cognitive...
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Equity Theory01:26

Equity Theory

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Equity theory explains how our sense of fairness influences the dynamics of close relationships. Rooted in social psychology, the theory posits that individuals evaluate fairness by comparing the ratio of their contributions to the rewards they receive. Relationship satisfaction is highest when these ratios are perceived as balanced between partners, promoting mutual reciprocity and a sense of justice.Equity vs. Equality in RelationshipsEquity is distinct from equality. Fairness does not...
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相关实验视频

Updated: Jan 12, 2026

The Collective Trust Game: An Online Group Adaptation of the Trust Game Based on the HoneyComb Paradigm
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公司透明度和处置效应.

Siliu Chen1, Fei Ren1

  • 1School of Business, East China University of Science and Technology, Shanghai, China.

Frontiers in psychology
|November 3, 2025
PubMed
概括
此摘要是机器生成的。

企业透明度的提高减少了处置效应,即投资者过早出售赢家,并长期持有输家. 更大的透明度鼓励投资者长期持有股票,降低整体交易并减轻这种非理性的金融行为.

关键词:
公司透明度 企业透明度处置影响处置效应.公司级 企业级 企业级个人投资者个人投资者.不理性的行为不理性的行为.

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科学领域:

  • 行为金融是行为金融.
  • 公司治理 公司治理
  • 投资管理 投资管理

背景情况:

  • 倾向效应是一种记录在案的认知偏见在投资决策.
  • 个人投资者经常表现出这种非理性行为,影响投资组合业绩.
  • 公司层面的特征,如透明度,在缓解这种偏见方面的作用尚未完全理解.

研究的目的:

  • 调查企业透明度对个人投资者处置效应的影响.
  • 确定更高的公司级透明度是否会改变与利和亏损股票头寸相关的投资者交易行为.

主要方法:

  • 对个人投资者交易数据的实证分析与企业透明度指标相关联.
  • 统计建模,以评估透明度水平与出售获胜或亏损股票的倾向之间的关系.

主要成果:

  • 在公司透明度和处置效应之间发现了显著的负相关性.
  • 提高透明度导致个人投资者持有股票的时间更长,从而减少交易频率.
  • 在利的股票头寸中,销售概率的降低更为明显.

结论:

  • 企业透明度是抑制个人投资者的处置效应的关键因素.
  • 提高透明度可以导致更合理的投资行为,并可能改善投资者结果.
  • 调查结果表明,投资者对公司透明度的看法影响了他们的风险和销售决策.