Emotions and Investor Decisions скачать в хорошем качестве

Emotions and Investor Decisions

A recent study investigates the role of emotions in investment decision-making, with a particular focus on Iran’s stock market. Contrary to prevailing expectations in behavioral finance, which suggest a substantial influence of emotions, the findings indicate that emotions do not exert a significant impact on the decisions of the investors examined. This outcome may be attributed to systemic risks and macroeconomic instability in Iran, which prompt investors to rely more heavily on technical and rational analyses. The study further underscores the importance of market experience and knowledge in mitigating emotional biases, highlighting the necessity of financial education to foster rational decision-making. Ultimately, the research identifies external economic and political factors as key determinants of investor behavior.