Herding behavior influences individual investor decisions, impacting financial markets worldwide.
The study looked at how behavioral biases affect individual investors' decisions. They surveyed 475 Pakistani stock exchange investors and found that these biases significantly impact investment choices. The research suggests that herding behavior plays a role in decision-making, with investors learning to control emotions and improve analysis skills. Future studies could explore psychological biases and financial metrics like Earnings per Share to better understand how herding influences investment decisions.