Investment decision making - Open Access .click

Journal of Behavioral Finance, 2022
This paper develops and tests a new multi-attribute, behavioral based measure of mutual fund performance, based at the portfolio decision-making rather than trade level, using the alpha score, hit rate and the win-loss ratio. These measures are then combined to develop a multi-attribute measure of “efficiency”; the author decomposes this into technical,
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Investment Decision Making

2017
This chapter is a review of different approaches academics take to find right answers on the question how investors' community makes decisions on optimal portfolio of securities and how this process converges toward capital market equilibrium. Authors will try to reconcile the approaches that come from different intellectual traditions.
Aleksandar Šević, Srđan Marinković
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Making Better (Investment) Decisions

The Journal of Portfolio Management, 2014
This article covers a non-financial topic that is nonetheless vital to investment professionals: how to avoid common cognitive errors and make better investment decisions. It reviews the extensive academic literature on how people actually make decisions and how they can make better decisions.
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Outsourcing Investment Decision Making

2014
As we have discussed, good governance exists when the board and investment committee are allowed to focus on issues that impact the long-term objectives of the fund, rather than being responsible for investment decisions. Part of good governance is simply acknowledging the fact that managing investable assets is a full-time job, and not some collateral
Michael Bunn, Zack Campbell
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investment decision
investment decision-making
financial literacy

investments
availability bias
overconfidence bias

investment management
risk perception
loss aversion