Exploring the impact of psychological biases on financial investment decisions and the role of digital financial literacy
- Title
- Exploring the impact of psychological biases on financial investment decisions and the role of digital financial literacy
- Creator
- Thankachan J.; Kumar S.; Panicker S.
- Description
- This chapter explores biases impacting stock and mutual fund investments-cognitive, affective, and behavioral. It examines digital financial literacy (DFL), highlighting social media's role in information sharing. Stressing the merging financial and digital literacies, it addresses risks in online financial behavior. Discussions cover DFL measures, online activities' correlation, and biases in decision-making. Recognizing uncertainty in the digital era is crucial for informed financial decisions amidst evolving landscapes. 2024, IGI Global. All rights reserved.
- Source
- Emerging Perspectives on Financial Well-Being, pp. 150-174.
- Date
- 2024-01-01
- Publisher
- IGI Global
- Coverage
- Thankachan J., Christ University, India; Kumar S., Christ University, India; Panicker S., University of Technology and Applied Sciences, Oman
- Rights
- Restricted Access
- Relation
- ISBN: 979-836931751-8; 979-836931750-1
- Format
- Online
- Language
- English
- Type
- Book chapter
Collection
Citation
Thankachan J.; Kumar S.; Panicker S., “Exploring the impact of psychological biases on financial investment decisions and the role of digital financial literacy,” CHRIST (Deemed To Be University) Institutional Repository, accessed February 24, 2025, https://archives.christuniversity.in/items/show/17670.