Knowledge Tree
Relations (1)
related 3.32 — strongly supporting 9 facts
Behavioral finance is defined as the study of how psychological factors, cognitive biases, and emotions influence financial decision-making, as established in [1], [2], and [3]. This relationship is further supported by academic literature that explicitly links the discipline to the analysis of these decision-making processes in [4], [5], and [6].
Facts (9)
Sources
Behavioral Finance: The Psychology behind Financial Decision ... abacademies.org 4 facts
claimBehavioral finance is a multidisciplinary field that explores the psychological factors influencing financial decision-making, according to Robinson Arran in the 2023 Business Studies Journal.
claimBehavioral finance provides a comprehensive perspective on financial decision-making by acknowledging the interplay between psychology and economics, including the role of cognitive biases, emotional influences, and heuristics.
claimBehavioral finance argues that human psychology plays a significant role in shaping financial decisions, leading to behaviors that may not align with rational economic theories, as cited by Aston & Cassidy (2019) in Robinson Arran's 2023 article.
claimBehavioral finance is a multidisciplinary field that explores the psychological factors influencing financial decision-making.
5 common behavioural investing biases - ATB Financial atb.com 1 fact
claimBehavioral finance is the study of how human emotions affect the financial decisions individuals make.
Analysing the behavioural, psychological, and demographic ... - OUCI ouci.dntb.gov.ua 1 fact
claimBehavioral finance is a key discipline for understanding the psychological factors that influence financial decision-making.
the importance of psychological factors in financial decision making academia.edu 1 fact
referenceThe article 'Behavioural Finance: the importance of psychological factors in financial decision making' by Mohini Attimani was published in the IOSR Journal of Business and Management (IOSR-JBM) in 2021, volume 23, issue 04, pages 25-29.
5 Behavioral Biases That Can Impact Your Investing Decisions online.mason.wm.edu 1 fact
claimBehavioral finance examines how psychological factors and cognitive biases influence financial decisions, which can lead to market fluctuations and investment mistakes.
Understanding Behavioral Aspects of Financial Planning and Investing financialplanningassociation.org 1 fact
referenceRichard J. Taffler and David A. Tuckett authored the chapter 'Emotional Finance: The Role of the Unconscious in Financial Decisions' in the 2010 book 'Behavioral Finance—Investors, Corporations, and Markets,' edited by H. Kent Baker and John R. Nofsinger.