Keywords: Investment decision-making
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Journal Articles
Review of Behavioral Finance (2024) 16 (2): 282–299.
Published: 10 July 2023
... an illusion of belief due to a lack of experience and a shortcoming in interpreting available information. According to Frensidy (2016) , the higher the level of overconfidence, the greater the volume traded, which indicates a positive influence of overconfidence bias on investment decision-making...

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