Behavioral biases and their role in the global financial crisis of 2008
Behavioral biases and their role in the global financial crisis of 2008
Amit bathia
2025 · DOI: 10.52783/jier.v5i1.2169
Journal of Informatics Education and Research · 0 Citations
TLDR
The GFC was a monumental event that revealed the shortcomings of traditional economic models but also underscored the importance of behavioral finance in understanding financial markets.
Abstract
This research paper delves into the influence of behavioral finance biases on investment decisions during the 2008 Global Financial Crisis (GFC). The GFC was a monumental event that not only revealed the shortcomings of traditional economic models but also underscored the importance of behavioral finance in understanding financial markets.