A New Explanation for the Frog-in-the-Pan Phenomenon Based on the Cognitive-Evolutionary Model of Surprise
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DOI: 10.3390/bs13010007
Abstract: The frog-in-the-pan (FIP) phenomenon suggests that investors are more sensitive to abrupt price changes than gradual price changes in the stock market. Based on the cognitive-evolutionary model of surprise and the reinforcement learning model, this… read more here.
Keywords: cognitive evolutionary; phenomenon; frog pan; based cognitive ... See more keywords