What does ostrich effect mean?
Definitions for ostrich effect
os·trich ef·fect
This dictionary definitions page includes all the possible meanings, example usage and translations of the word ostrich effect.
Wikipedia
Ostrich effect
In behavioral finance, the ostrich effect is the attempt made by investors to avoid negative financial information. The name comes from the common (but false) legend that ostriches bury their heads in the sand to avoid danger. Originally the term was coined by Galai & Sade (2006), and was defined as "the avoidance of apparently risky financial situations by pretending they do not exist", but since Karlsson, Loewenstein & Seppi (2009) it took the slightly broader meaning of "avoiding to expose oneself to [financial] information that one fear may cause psychological discomfort". For example, in the event of a market downturn, people may choose to avoid monitoring their investments or seeking out further financial news.
Numerology
Chaldean Numerology
The numerical value of ostrich effect in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of ostrich effect in Pythagorean Numerology is: 2
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"ostrich effect." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/ostrich+effect>.
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