[{"data":1,"prerenderedAt":45},["ShallowReactive",2],{"q-sec_invest-115-1-022":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":21},"sec_invest","證券商業務員資格測驗——證券投資與財務分析","c7",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":17,"explanation":19,"difficulty":20},"sec_invest-115-1-022","115-1",22,"實證研究發現，不論是否為專業或業餘投資人，當他們回想其投資的共同基金的績效時，都會高估其真正的績效。這可用何理論解釋？",[13,14,15,16],"代表性捷思","認知失調","定錨效應","心理帳戶",1,"效率市場假說","認知失調(Cognitive Dissonance)指當個人的行為或事實結果與其自我認知或信念相牴觸時,會產生心理不適,進而不自覺地扭曲、美化記憶或解讀,以消除這種不一致、維護正面的自我形象。投資人回想基金績效時普遍高估真實表現,正是為了維持「我是精明的好投資人」這一自我認知,故以認知失調解釋最貼切,選(B)。(A)代表性捷思是以外觀相似度誤判機率、(C)定錨效應是決策過度依附初始參考值、(D)心理帳戶是把資金分別歸戶而區別對待,三者描述的都是其他偏誤,與系統性高估過往績效的成因無關,故均不選。","medium",[22,26,30,34,38,42],{"id":23,"question":24,"qno":25},"sec_invest-114-3-014","公司內部人員無法藉由內線消息而獲取超額報酬時，表示此時市場屬於：",14,{"id":27,"question":28,"qno":29},"sec_invest-114-3-023","下列敘述何者為效率市場的定義？",23,{"id":31,"question":32,"qno":33},"sec_invest-115-1-009","有關使用濾嘴法則進行投資決策，下列何者有誤？",9,{"id":35,"question":36,"qno":37},"sec_invest-115-1-010","行為財務學認為多數人非理性，而是有框架相依(framing dependence)的行為偏誤。所謂框架相依是指：",10,{"id":39,"question":40,"qno":41},"sec_invest-115-1-021","買跌賣漲指的是下列何種投資策略？",21,{"id":43,"question":44,"qno":29},"sec_invest-115-1-023","行為財務學指出，投資人誤以為容易聯想到的事件會較常發生，這種傾向稱為：",1787293956227]