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this is example of Halo effect when our judgments of a person’s character can be influenced by our overall impression of him or her. Investors think that fathe
by khmel 14y ago
this is example of Halo effect when our judgments of a person’s character can be influenced by our overall impression of him or her.
Investors think that father's company will work well because of son's popularity
- sgentle 14y agoAlthough let's not forget that investing in a public company doesn't necessarily mean you think the company will do well, just that you'll be able to sell your shares for more than they cost. The people who predicted this effect and got in early may, in fact, be acting completely rationally.
- khmel 14y agothose were very clever people who understand behavioral economics