老师，这道题目为什么不选Representativeness，谢谢

问题如下：

Which of the following individual behavioral biases is most strongly associated with market bubbles?

选项：

Overconfidence

Representativeness

Framing

解释：

A is correct.

The overconfidence and excessive trading that contribute to a bubble are linked to self-attribution bias, a form overconfidence. In a rising market, sales of stocks from a portfolio will typically be profitable, even if winners are being sold too soon, and FMPs will attribute profits and strong performance to their investment acumen and subsequently underestimate risks.