Jordanian investors driven by overconfidence, loss aversion, and anchoring biases.
The study looked at how certain biases affect Jordanian investors' decisions in the stock market. They focused on six biases like overconfidence and loss aversion. By surveying 693 investors, they found that many make decisions based on overconfidence, fear of losses, and sticking to past information. Investors believe they can make money even without using advanced strategies.