Financial literacy and behavioural biases of individual investors: empirical evidence of Pakistan stock exchange [PDF]
Journal of Economics Finance and Administrative Science, 2020 Purpose – Financial literacy is a crucial element of financial decision-making, exerting significant influence on the behaviour of individual investors, while making budgetary, house financing, stock investing and retirement planning decisions.
Nosheen Rasool, Safi Ullah
doaj +3 more sources
Unpacking Investor Psychology: A Systematic Review and Meta-Analysis of Behavioural Biases Shaping Investment Decisions* [version 1; peer review: 3 approved] [PDF]
F1000ResearchBackground This study systematically examines how behavioural biases affect investment decisions across formal and informal financial markets, with a focus on emerging economies.
Amila Munasinghe +2 more
doaj +2 more sources
The relationship between the income and behavioural biases [PDF]
Journal of Economics Finance and Administrative Science, 2019 Purpose - The purpose of this paper is to test the relationship between the annual income earned by the investors and eight behavioural biases exhibited by the investors such as mental accounting, anchoring, gambler’s fallacy, availability, loss ...
Renu Isidore R, Christie P
doaj +3 more sources
Exploring the Relationships Between Behavioural Biases and the Rational Behaviour of Australian Female Consumers. [PDF]
Behav Sci (Basel)The paper aims to examine the relationships between behavioural biases (such as overconfidence and herding) and the rational behaviour of Australian female consumers when making financial decisions. In doing so, the paper showcases the financial illiteracy of Australian female consumers when confronted with irregularities within the Australian ...
Sharma A, Hewege C, Perera C.
europepmc +4 more sources
Understanding behavioural biases in investment decisions: empirical insights from an emerging market
Cogent Economics & FinanceGiven the limited literature on behavioural biases, this study aims to examine the impact of three behavioural biases, specifically halo bias, framing bias, and locus of control on individual investment decision-making in the Pakistan Stock Exchange (PSX)
Mazhar Farid Chishti +5 more
doaj +3 more sources
How learning about behavioural biases can improve financial literacy?
International Review of Economics & FinanceFinancial illiteracy affects considerably the decision-making of individuals, leading to sub-optimal outcomes and lower financial welfare in the society.
Francisco Pitthan, Kristof De Witte
doaj +3 more sources
Behavioural errors and stock market investment decisions: recent evidence from Pakistan [PDF]
AJAR (Asian Journal of Accounting Research), 2022 Purpose – This study examines the role of behavioural factors, such as confidence, optimism, pessimism and rational expectation, in affecting investment decisions in the Pakistani stock market.
Kashif Rashid +2 more
doaj +1 more source
Laterality and flight: concurrent tests of side-bias and optimality in flying tree swallows. [PDF]
PLoS ONE, 2008 Behavioural side-bias occurs in many vertebrates, including birds as a result of hemispheric specialization and can be advantageous by improving response times to sudden stimuli and efficiency in multi-tasking.
James T Mandel +3 more
doaj +1 more source
Organizations and Markets in Emerging Economies, 2021 Technological advancements bring continuous changes into the investment industry. The paper aims to provide insights on future research agenda based on a review of the current stance of research on the links between the Robo-advisors phenomenon and ...
Nomeda Lisauskiene, Valdone Darskuviene
doaj +1 more source
A Bibliometric Analysis of Research in Behavioural Finance: Special Emphasis on Selected Behavioural Biases in Investment Decision Making [PDF]
Colombo Business JournalBehavioural finance combines psychology and economics to understand the anomalies of financial markets by examining human behaviour. There has been a significant global increase in research on behavioural biases and investment decisions.
Poonam Das +2 more
doaj +1 more source