...Priya Kansal; Seema Singh Purpose The purpose of this paper is to conduct an exploratory analysis of the demographic factors and investors’ characteristics, which cause changes in the extent of overconfidence level and its constituents among the individuals. Design/methodology/approach...

... 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 heuristic biases (overconfidence, representativeness, availability and anchoring) have a markedly negative impact on investment decisions made by individual investors actively trading on the PSX and on perceived market efficiency. Research limitations/implications The primary limitation of the empirical...

... and comfortable for investors, while “slow” thinking may result in better performance. These two systems are related to the first two types of analysis in the decision theory: descriptive, normative and prescriptive analysis. However, to compromise between “fast” and “slow” thinking, “overconfidence” is used...

... prone to overconfidence and herding bias in India. Research limitations/implications The findings of the study have significant implication for the individual investors. It is recommended that if individuals are aware about the biases, they may become alert before taking irrational investment...

...Jaya Mamta Prosad; Sujata Kapoor; Jhumur Sengupta Purpose – The purpose of this paper is to examine the presence the behavioral biases in Indian investors specifically, overconfidence, excessive optimism (pessimism), herd behavior and the disposition effect. It further investigates the role...

... of forecasting accuracy. © Emerald Group Publishing Limited 2015 Forecasting Heuristics Expertise Loan officer Emotional intelligence. Overconfidence D03; D81; G21 Empirical findings of some previously elaborated studies argue that representativeness heuristic can cause the prevalence...

... in understanding the impact of behavioural biases on investment decision-making. Satish Kumar can be contacted at: scholar.satish@gmail.com © Emerald Group Publishing Limited 2015 Herding Home bias Overconfidence Disposition effect Behavioural biases Standard finance, also known...

... instruments. Simulation Behavioral finance Home bias Overconfidence Trading game The use of simulations and computer applications in financial markets is by now recognized as effective teaching methodology in the field of financial education, and is in common use thanks to the active...