Heuristics and stock buying decision: Evidence from Malaysian and Pakistani stock markets

Applying both qualitative and quantitative approaches, we examine whether or not investors fall prey to three heuristics; namely, anchoring and adjustment, representativeness, and availability, while investing in stocks. We also compare investors' vulnerability to these heuristics based on thei...

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Bibliographic Details
Main Authors: Habib Hussain Khan, Iram Naz, Fiza Qureshi, Abdul Ghafoor
Format: Article
Language:English
Published: Elsevier 2017-06-01
Series:Borsa Istanbul Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845016300722