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What is Psychology of Investor Behavior Explained about?
Psychology is the study of the mind and human behavior. It explores mental processes, consciousness, emotions, and relationships. There are several branches of psychology including social psychology, behavioral psychology, and cognitive psychology. Cognitive psychology is particularly important to behavioral finance as it studies how people represent information and make decisions. Understanding psychology can help explain how human behavior sometimes differs from economic theories and why people make irrat
- Author
- simmi33
- Language
- EN