Good thinking or gut feeling? Decision-making style and rationality in traders, bankers and financial non-experts
Thoma, V. 2013. Good thinking or gut feeling? Decision-making style and rationality in traders, bankers and financial non-experts. UEL Research and Knowledge Exchange Conference 2013. University of East London, London 26 Jun 2013 London University of East London.
Research in cognitive psychology and behavioural finance has suggested that human decision-making is subject to the use of ‘heuristics’ – simple decision rules that produce systematic biases away from normative decision outcomes (Kahneman, 2003), and that even financial experts may be susceptible to heuristic thinking (e.g., Taleb, 2004).
|Conference||UEL Research and Knowledge Exchange Conference 2013|
|Publisher||University of East London|
|26 Jun 2013|
|Publication process dates|
|Deposited||27 Jun 2013|
|Place of publication||London|
2views this month
1downloads this month