Exploring market overreaction, investors’ sentiments and investment decisions in an emerging stock market
The representative heuristic and overconfidence are cognitive biases that influence the decisions of the investors in the stock market. Overconfident investors tend to rely on representative heuristic for decision making under uncertainty. Investors overestimate their knowledge and think that past p...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2020-09-01
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Series: | Borsa Istanbul Review |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845020300132 |