Barb and Ken purchased a house for $300,000 in 2005. When they needed to sell because of a job transfer in 2009, the house was appraised for $250,000 but they put it on the market for $300,000 anyway

The house is still on the market. Behavioral tendencies at work here may include
A) representativeness and narrow framing.
B) overconfidence and representativeness.
C) familiarity bias and self attribution bias.
D) loss aversion and anchoring.

Answer: D