Cognitive biases like overconfidence and loss aversion can distort financial risk assessment, while emotional responses like fear or excitement impact decision-making.

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 (4)

• cognitive bias concept
• emotional response concept
• overconfidence bias concept
• Loss aversion concept