This paper provides evidence on the hypothesis that many behavioral finance patterns are so deeply rooted in human behavior that they are difficult to overcome by learning. We test this on a target group which has undoubtedly very strong incentives to learn efficient behavior, i.e. fund...

This article provides survey evidence on the influence of training on Behavioural Finance (BF) on professional fund managers' perception and investment behaviour. In particular, it examines whether 'trained' fund managers differ from the 'untrained' ones in their perception of markets and...