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The Impact of Behavioral Biases on Financial Decision-Making

Bugarčić, Milica et al.
EconStor · Reports
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behavioral-economicsddc
The paper presents the results of a meta-analysis of empirical literature focused on the study of behavioral biases in financial decision-making. The findings indicate that biases such as loss aversion, present bias, status quo bias, overconfidence, and herding systematically shape both individual a
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