Heuristics and stock buying decision: Evidence from Malaysian and Pakistani stock markets
Applying both qualitative and quantitative approaches, we examine whether or not investors fall prey to three heuristics; namely, anchoring and adjustment, representativeness, and availability, while investing in stocks. We also compare investors’ vulnerability to these heuristics based on their eco...
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Main Authors: | , , , |
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Format: | Article |
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Elsevier
2017
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Online Access: | http://eprints.um.edu.my/19142/ http://dx.doi.org/10.1016/j.bir.2016.12.002 |
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