Knowledge Tree
Relations (1)
related 2.32 — strongly supporting 4 facts
Social media and financial literacy are linked as key antecedents in retail investor psychology models [1] and are identified as contextual moderators that influence behavioral biases [2]. Furthermore, they are both critical factors in investment decision-making [3] and are studied together in the context of how digital platforms impact the financial knowledge of younger generations [4].
Facts (4)
Sources
The Influence of Behavioral Biases on Investment Decisions jmsr-online.com 3 facts
claimFinancial literacy, demographics, and social media act as contextual moderators that intensify behavioral biases in retail investors.
referenceThe conceptual model of retail investor psychology identifies four categories of antecedents: financial literacy, demographic characteristics (age, gender, income, education), market conditions, and social media or peer influence.
claimFactors such as lower financial literacy, dependence on digital platforms, exposure to social media, and collectivist cultural values significantly influence investment decision-making in emerging economies like India.
The influence of psychological factors on investment decision making exsys.iocspublisher.org 1 fact
referenceYanto et al. (2021) examined the roles of peers and social media in building financial literacy among the millennial generation, specifically among Indonesian economics and business students.