Individual Differences in Investor Decision-making: Examining Representativeness Heuristics and Cognitive Reflection
Due to limited cognitive resources, investors often utilize mental shortcuts to make quick judgments. This study examines the impact of representativeness heuristics (Conjunction Fallacy, Gambler's Fallacy, and Stereotypes) and the Cognitive Reflection Test (CRT) on investor decision-making. Th...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Ferdowsi University of Mashhad
2023-12-01
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| Series: | Iranian Journal of Accounting, Auditing & Finance |
| Subjects: | |
| Online Access: | https://ijaaf.um.ac.ir/article_43844_19bc21a13a6a3587f524fa2d01a46979.pdf |