"Reference Point" Behavioral Bias

[cfapasss]

Is it still in our curriculum?
if yes, how does it differ from loss aversion?
thanks

 

[Grrreg]

That’s quite some bumping.
Is it anything like availability bias (especially recency sub bias) ?

 

[cfapasss]

Grrreg wrote:
That’s quite some bumping.
Is it anything like availability bias (especially recency sub bias) ?

No, it has nothing to do with this.
The reference point bias means that you base your decision as related to a reference price e.g purtchase price.
It has been quite tested in early 2000s

 

[Grrreg]

Ok so maybe closer to anchoring bias ?

 

[S666]

Yeah sounds like anchoring to me - I read the curriculum and don’t remember coming across reference point bias.

 

[sunseeker]

Neither do I. Anchor thing. I guess.