Gender influences investment decisions, leading to biased financial choices.
The study looked at how men and women make investment decisions. It found that people are not always rational when investing. They can be influenced by things like overconfidence, self-attribution, and regret avoidance. The researchers surveyed over 500 individual investors in India and discovered that both men and women show these biases, but to different extents. Men were more likely to be overconfident, while women were more likely to avoid regret. This shows that gender can play a role in how people make investment choices.