The representative heuristic and overconfidence are cognitive biases that influence the
decisions of the investors in the stock market. Overconfident investors tend to rely on …

This study exploits the extra information provided by behavioral stocks (B-stocks) and
proposes portfolio selection models that produce profitable portfolios which can outperform …

The fundamental stages in designing a stock portfolio are each stock's selection and capital
weighting. Selection and weighting must be conducted through diversification and price …

In the study of stock investment in capital market by investors in Pandemic Covid-19, it is
always carried out rationally. Indeed, the decisions on stock investments are not always …

This study extends the application of behavioral portfolio optimization by estimating the
return of behavioral stocks (B-stocks). With the cause-and-effect relationships of the …

The existing incentive mechanisms of crowdsourcing construct the expected utility function
based on the assumption of rational people in traditional economics. A large number of …

EFFECT OF BEHAVIOURAL BIASES ON INVESTMENTS AT THE RWANDA STOCK
EXCHANGE 1* Jacob Niyoyita Mahina Jomo Kenyatta University of Ag Page 1 © Niyoyita …

When designing a stock portfolio, investors must select stocks with different characteristics
and increasing price trends and weigh each capital. Both are fundamental to diversifying …

With the emergence of behavioural finance as an alternative to analysis of investor choice,
Behavioural biases have been identified to affect the investor's investment. It was therefore …

(B-stocks), investors now have an alternative profitable investment option by exploiting the
positive effect (positive cumulative abnormal return CAR) of irrational behaviors to stock …