Ostrich effect
Attempt made by investors to avoid negative financial information
Nº Q2598759 ★★
Uncommon · History
Ostrich effect
Attempt made by investors to avoid negative financial information
The ostrich effect, also known as the ostrich problem, was originally coined by Dan Galai and Orly Sade. The name comes from the common (but false) legend that ostriches bury their heads in the sand to avoid danger.
Last price
—
Floor price
—
7-day median
—
30-day sales
0
30-day range
—
In circulation
0
Price history
median
low – high
sales
No sales in this period
Show table
| Date | median | Low | High | sales |
|---|
Sales history
- Last sale
- —
- 30-day average
- —
- 30-day low
- —
- 30-day high
- —
- Sales 7d
- 0
- Sales 30d
- 0
No sales yet.
Anonymous sales: no buyer or seller shown. Figures count player-to-player sales only.
From Wikipedia
The ostrich effect, also known as the ostrich problem, was originally coined by Dan Galai and Orly Sade. The name comes from the common (but false) legend that ostriches bury their heads in the sand to avoid danger. This effect is a cognitive bias where people tend to "bury their head in the sand" by avoiding learning of potentially negative but useful information, to prevent psychological discomfort. For example, a person may avoid looking at feedback on a project.
Text: Wikipédia, CC BY-SA 4.0. · Image: Another Believer (CC BY-SA 4.0) ·
