Do Behavioral Biases Affect Investors’ Investment Decision Making? Evidence from the Pakistani Equity Market

Using a unique sample constructed by 600 investors’ responses to a structured questionnaire, we investigate the impact of behavioral biases on the investors’ investment decision making in the Pakistani equity market, as well as the roles that market anomalies and financial literacy play in the decis...

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Bibliographic Details
Main Authors: Zain UI Abideen, Zeeshan Ahmed, Huan Qiu, Yiwei Zhao
Format: Article
Language:English
Published: MDPI AG 2023-06-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/11/6/109