... as influencers of individual investors’ decision-making and overconfidence, herding, anchoring, representativeness and loss aversion were the most prevalent. Research limitations/implications Considering that very few systematic reviews have been published in the behavioural finance area, this paper...

... at: rafal.wolski@uni.lodz.pl 24 07 2021 08 04 2022 06 07 2022 09 12 2022 © Emerald Publishing Limited 2022 Emerald Publishing Limited Licensed re-use rights only Investment funds Fund managers Central bank Decision-making processes Behavioural finance Rationality...

...Satish K. Mittal Purpose This paper developed a theoretical and research framework by identifying the behavioral biases in investment decision and by presenting a review of the available literature in the field of behavior finance-related biases. This paper aims to present a compressive review...

... inclined toward home bias. Overconfidence Financial markets Disposition effect Behavioural finance Behavioural biases Investment decisions Financial management popularly known as the art of wealth management has been the lifeline of the economic system for decades. Several theories...

... that knowledge of traditional finance theory is not sufficient to excel in stock market, and, hence, they need to know more about behavioural finance. Third, investors are exposed to various reasons as to why investment decisions deviate from expected and different means of solving the challenges faced in making...

...Albert Rapp Purpose This paper aims to address the importance of behavioural finance issues among real investors. It analyses whether private investors are susceptible to extrapolation bias and whether this bias affects market prices. Design/methodology/approach A qualitative coding of message...

..., and understand principles of behavioral finance. Students in business schools should be taught in an experiential way, and school staff should use qualitative methods like convergent interviewing in their research projects. Originality/value – Contributions centre on the article’s behavioural finance...