mitigate the myopic bias while teaching children about financial matters. The results suggested that the intervention groups …

behavioural biases such as representativeness, self-serving, overconfidence, loss aversion, and hindsight bias. Using data … overconfidence bias are positively related to financial literacy. Furthermore, some biases exhibit a stronger quantitative … relationship with financial literacy than others. For example, hindsight bias displays the strongest link to financial literacy …

-growth bias (EGB) and present bias (PB). We find that EGB, the tendency to neglect compounding, and PB, the tendency to value the …

growth bias, has been linked to household financial decision making. We show that exponential growth bias and standard … bias and household finance without adequate controls for financial literacy may generate biased results. -- exponential … growth bias ; financial literacy ; household finance …

bias and how. According to the proposed theory, Disposition bias is affected by risk tolerance, financial literacy, and … behavioral biases. Lower risk tolerance and low financial literacy can aggravate disposition bias. Similarly, those who are more … tendency of Disposition bias. We also proposed that personality factors such as Superego, Parsimony, Orderliness, and Obstinacy …