Location
Hilton Waikoloa Village, Hawaii
Event Website
https://hicss.hawaii.edu/
Start Date
7-1-2025 12:00 AM
End Date
10-1-2025 12:00 AM
Description
This study aims to explore behavioral patterns and cognitive biases among stock market investors. By analyzing investor behavior through a stock market simulator, the research seeks to understand the impact of cognitive biases on investment decisions. The methodology encompasses a detailed analysis of transaction data to identify prevalent patterns and biases. Findings suggest that biases such as overconfidence, representativeness heuristic, gambler’s fallacy, and herd mentality significantly influence investor behavior.
Recommended Citation
Olszak, Celina; Tkacz, Maciej; Weichbroth, Paweł; and Zurada, Jozef, "Exploration of Behavioral Patterns and Cognitive Biases among Stock Market Investors" (2025). Hawaii International Conference on System Sciences 2025 (HICSS-58). 3.
https://aisel.aisnet.org/hicss-58/cl/bi_for_organizations/3
Exploration of Behavioral Patterns and Cognitive Biases among Stock Market Investors
Hilton Waikoloa Village, Hawaii
This study aims to explore behavioral patterns and cognitive biases among stock market investors. By analyzing investor behavior through a stock market simulator, the research seeks to understand the impact of cognitive biases on investment decisions. The methodology encompasses a detailed analysis of transaction data to identify prevalent patterns and biases. Findings suggest that biases such as overconfidence, representativeness heuristic, gambler’s fallacy, and herd mentality significantly influence investor behavior.
https://aisel.aisnet.org/hicss-58/cl/bi_for_organizations/3