Keywords: Cognitive fallacies
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Journal Articles
Journal of Risk Finance (2025) 26 (1): 41–55.
Published: 28 November 2024
... accounting, herding, gambler fallacy and loss aversion. Existing studies on behavioral finance demonstrate that individuals who make investment decisions are susceptible to cognitive fallacies, leading to nonrational investment decisions. Practical implications By studying these biases affecting...

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