Knowledge Tree
Relations (1)
related 2.58 — strongly supporting 5 facts
Loss aversion and herding are both identified as key behavioral biases that influence investment decision-making, as noted in research studies [1], [2], and [3]. These concepts are frequently analyzed together in behavioral finance literature to understand their simultaneous impact on financial risk management [4] and [5].
Facts (5)
Sources
Examining Behavioural Aspects of Financial Decision Making - OUCI ouci.dntb.gov.ua 3 facts
referenceThe study by H. Srivastava, S. Moid, and N. J. Rushdi, published in 'Finance: Theory and Practice' (2024, № 4, p. 33-45), investigates the impact of anchoring, herding, and loss aversion on the investment decision-making of 196 working women investors in the Indian Stock Market (Uttar Pradesh, India).
claimIn a study published in Finance: Theory and Practice (2025), researchers H. L. Do, T.M. P. Vu, V. G. Nguyen, N. M. Vu, D. T. Nguyen, and T. V. Tran concluded that anchoring has the most influence on the investment decisions of working women investors, followed by herding, while loss aversion has the least influence.
measurementThe study by H. Srivastava et al. (2024) confirmed that anchoring, herding, and loss aversion bias have a significant positive impact on the investment decision-making of working women investors in the Indian Stock Market.
Analysing the behavioural, psychological, and demographic ... - OUCI ouci.dntb.gov.ua 1 fact
claimBehavioral biases such as loss aversion, overconfidence, and herding have significant implications for financial risk management.
The Influence of Behavioral Biases on Investment Decisions jmsr-online.com 1 fact
claimExisting behavioral finance research often isolates specific biases like overconfidence, loss aversion, or herding, failing to account for how these cognitive and emotional distortions operate simultaneously in real-world investment scenarios.