Behavioral Biases and Portfolio Strategies: Analyzing the Impact on Investor Decision Making in the Nepalese Stock Market
Bidush Nepal,
Mira Gyawali
Abstract:Our paper explored the impact of demographic variables on the manifestation of behavioral biases among Nepalese portfolio investors as they make investment decisions. Our research analyzed the relationship between age, gender, and experience, and five common biases such as overconfidence, anchoring, herding, loss aversion, and hindsight. Our survey of 132 investors revealed that demographic factors play a role in the presence of these biases, with female investors exhibiting higher overconfidence and anchoring… Show more
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