Typology of Behavioral Biases and Heuristics

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AREN S., CANİKLİ S.

14TH International Strategic Management Conference, Prague, Czech Republic, 12 July 2018, pp.557-562, (Full Text)

  • Publication Type: Conference Paper / Full Text
  • City: Prague
  • Country: Czech Republic
  • Page Numbers: pp.557-562
  • Open Archive Collection: AVESIS Open Access Collection
  • Yıldız Technical University Affiliated: Yes

Abstract

This study investigates whether biases and heuristics concepts that mentioned in finance literature, differentiates according to gender, wealth acquisition manner and risk perception by taking these concepts in the broadest perspective. Also, by considering objective and subjective financial literacy, this study analyses the differentiate levels of especially objective financial literacy according to bias and heuristics risk perception in detail. With regards to these properties, findings of the study represent the first attempt in literature.