Judgment Errors

Halo Effect: Influence of Initial Impressions on Overall Judgments
The Halo Effect refers to the cognitive bias where one's perception of a person in one area heavily influences their overall judgment in other areas. This can result in either positive or negative opinions about a person based on a single trait or performance aspect.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.