Cognitive biases (such as overconfidence or loss aversion), emotional influences (such as fear or excitement), and social pressures (such as peer influence) are factors that can distort judgment and sway financial 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 (5)

• emotional influences concept
• cognitive bias concept
• social pressure concept
• overconfidence bias concept
• Loss aversion concept