A systematic review on behavioral biases affecting individual investment decisions
Sneha Badola,
Aditya Kumar Sahu,
Amit Adlakha
Abstract:Purpose
This study aims to systematically review various behavioral biases that impact an investor’s decision-making process. The prime objective of this paper is to thematically explore the behavioral bias literature and propose a comprehensive framework that can elucidate a more reasonable explanation of changes in financial markets and investors’ behavior.
Design/methodology/approach
Systematic literature review (SLR) methodology is applied to a portfolio of 71 peer-reviewed articles collected from differ… Show more
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