Volume 19 No 11 (2021)
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An Encyclopedic review on Impact of various Psychological and Behavioral Attributes in Investment Decision Making by Investors.
Anju Verma, Dr. Daljeet Singh Wadhwa, Dr. Manoj Verghese
Abstract
Investment as a word has a very simple meaning but when we start to talk about it, complications start. There are two major areas where the investment plays. They are investors and investment avenues. Investors as an individual act differently when it comes to the investment of their hard earn money. This paper aims to understand the various aspects that are responsible for and have an impact on investment decision making process. This study has provided and platform to understand the behavior of the investors. There are various social cognitive, emotional biases, demographic relationships and psychological traits to understand economic decision making of the investors.
Keywords
Behavioral biasness, psychological attributes, Investors.
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