The current study uses a systematic literature review to summarize and highlight studies on
overconfidence bias in investment decision-making. More specifically, the study synthesizes …

Purpose The purpose of this paper is to examine how financial literacy and demographic
variables (gender, age, income level, education, occupation, marital status and investment …

Purpose The purpose of this paper is to review the insights provided by behavioral finance
studies conducted in the last decade (2006-2015) examining behavioral variables in …

Purpose This article aims to clarify the mechanism by which herding behavior influences
perceived market efficiency, investment decisions and the performance of individual …

Behavioral biases are known to influence the investment decisions of retail investors.
Indeed, extant research has revealed interesting findings in this regard. However, the …

The rate of transformation of natural land use land cover (LULC) to the built-up areas is very
high in the peri-urban areas of Indian metropolitan cities. Delhi National Capital Region …

Purpose The purpose of this paper is to investigate the effect of heuristic biases, namely,
availability bias and representativeness bias on investors' investment decisions in the …

Contribution/Originality: This study is a pioneer study that examines the influence of financial
literacy on the relationship of overconfidence and past investment experience with herding …

Purpose The purpose of this paper is to understand the new kind of investors–women
entrepreneurs–and to find out the factors that drive their investment behaviour and …

Behavioral theories suggest that overconfident investors overestimate the quality of their
information and underestimate risk. They have a high demand for risky assets and require a …