Role of behavioral biases in the investment decisions of Pakistan Stock Exchange investors: Moderating role of investment experience
Saima Aziz,
Shahid Mehmood,
Muhammad Asif Khan
et al.
Abstract:Despite many revolutionary asset pricing models developed over the past decades, traditional finance does not explain investor behavior very well. The purpose of this study is to examine the influence of behavioral biases on the investment decisions of investors of Pakistan Stock Exchange. In addition, the moderating influence of investment experience investigated in this study. The findings were reported using a sample of 230 individual investors, who make their own investments, typically through a mutual fun… Show more
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