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INVESTOR EXPERTISE AND THE RATIONALITY OF DECISION MAKING

Marcin Rzeszutek et al · Lodz University Press · 2015

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Author / responsible party
Marcin Rzeszutek et al
Publisher
Lodz University Press
Year
2015
ISSN
0208-6018
ISSN
0208-6018
Language
English

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The aim of the paper is to is to explore the determinants of the rationality in decision making among polish stock market investors with different level of expertise with investing. Rationality in decision making was defined from the behavioral finance point of view and was operationalized as the frequency of some behavioral biases (see: the certainty effect) within decision making process. In particular, this study aims to investigate the degree of susceptibility the certainty effect among people of various levels of expertise with investing. As there is still a lack of data studies in behavioral finance literature investigating the issues mentioned in this article (or existing results are ambiguous) we treated our study as an exploratory research.

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APA 7

al, M. R. E. (2015). INVESTOR EXPERTISE AND THE RATIONALITY OF DECISION MAKING. https://czasopisma.uni.lodz.pl/foe/article/view/423

MLA

al, Marcin Rzeszutek et. "INVESTOR EXPERTISE AND THE RATIONALITY OF DECISION MAKING." 2015. https://czasopisma.uni.lodz.pl/foe/article/view/423.

Chicago

al, Marcin Rzeszutek et. 2015. "INVESTOR EXPERTISE AND THE RATIONALITY OF DECISION MAKING.". https://czasopisma.uni.lodz.pl/foe/article/view/423.

Harvard

al, M. R. E. 2015, INVESTOR EXPERTISE AND THE RATIONALITY OF DECISION MAKING, Lodz University Press, available at: https://czasopisma.uni.lodz.pl/foe/article/view/423 [Accessed 7 Aug. 2026].

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Resource details

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Title
INVESTOR EXPERTISE AND THE RATIONALITY OF DECISION MAKING
Author / contributors
Marcin Rzeszutek et al
Publisher
Lodz University Press
Publication year
2015
ISSN
0208-6018
ISSN
0208-6018
Language
English

Subjects

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investor expertise behavioral bias rationality behavioral finance
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