Information Asymmetry in Investing: How Bias Impacts Stock Market Decisions
The article explores how investors' decisions are influenced by their behavior and the information they have. It focuses on how having different levels of information can impact the choices investors make when investing in stocks. The researchers reviewed various studies to understand why this happens and what the consequences are. They found that when there is an imbalance of information among investors, it can lead to market failures and higher costs for investors. This shows that the amount and accuracy of information available can greatly affect how investors make decisions in the stock market.