Behavioral financeFinancial Markets HistoryThe study of how psychological biases affect financial decision-making and market outcomes.Learn about this termUnit 13: arbitrage efficiency structureFinancial Markets HistoryRelated TermsEfficient Market HypothesisTheory that market prices fully reflect all available inform...Herding behaviorThe tendency of investors to follow the crowd rather than ac...Recency biasThe tendency to overweight recent experience when predicting...