Gender plays key role in irrational stock investment decisions, study finds.
The research looked at how irrational behavior affects stock investment decisions, focusing on things like anchoring, overconfidence, and risk perception. They found that risk perception was the most important irrational behavior influencing investment decisions. Gender also plays a significant role in how these behaviors impact decision-making. Understanding these biases can help individuals make better investment choices, and can also benefit financial advisors and policymakers.