The desire for control can induce overconfidence in decision-making, causing investors to underestimate the risks associated with their chosen investments.

Authors

• Person: Not available Organization: CLIMB Project
  Financial Decision-Making: Psychology, Behavior & Risk Insights

Sources

• Financial Decision-Making: Psychology, Behavior & Risk Insights climbproject.org.uk CLIMB Project via serper

Referenced by nodes (2)

• overconfidence bias concept
• control concept