Additional Bias Effects
Roger Miles
25 years: Behavoural science & conduct
In this video, Roger expands on his video "Bias Effects" by covering more biases including confirmation bias, availability bias, hysteresis, social proof and delusion.
In this video, Roger expands on his video "Bias Effects" by covering more biases including confirmation bias, availability bias, hysteresis, social proof and delusion.
Additional Bias Effects
17 mins 11 secs
The FCA are especially concerned with biases in finance, because they lead to irrational decisions that negatively impact consumers. Some of which are explained below including confirmation and availability bias, social proof, hysteresis, and delusion bias.
Key learning objectives:
Why do biases happen?
Why do conduct regulators care about behavioural science?
Define and give examples of confirmation and availability bias, social proof, hysteresis, and delusion bias
Roger Miles
Related videos
Global Asset Managers Regulation Introduction
Giles provides a high-level overview of asset management regulation across the world. Specifically, what's on the regulatory agenda and what the current international standards are, including how foreign portfolio management and investment is regulated.
Giles Swan • 18:16