Research published about the restaurant industry has experienced consistent growth over the past few decades. Yet, a comprehensive bibliometric review of this research has not been performed. This study aimed to perform such a review by examining pee...
This study investigates the mechanisms by which green finance mitigates non-point source pollution. Based on provincial panel data from China spanning 2005 to 2023, this study conducts an empirical analysis that yields several key findings: (1) The d...
This paper is intended to highlight the importance of developing knowledge on sustainable finance using bibliometric analysis. The study is based on a review of sources from two of the most prominent scientific databases in the world, Scopus and Web...
To understand the behavioral intentions of bank employees to implement green finance, this study explores the impact of attitude, subjective norm, and perceived behavioral control on behavioral intention based on the theory of planned behavior. In ad...
From the perspective of social network behavior, our paper discusses the relationship between agricultural entrepreneurial social network behavior and entrepreneurial financing performance in an Internet crowdfunding setting, and investigates the mod...
Facing the need for green investment and financing brought about by the process of “carbon neutrality”, more and more leaders of commercial banks have begun to initiate green transformation of their enterprises and become green bankers wi...
This study examines the key factors influencing investment decisions through decision tree regression, grounded in behavioral finance theory. By analyzing a comprehensive dataset incorporating behavioral, demographic, and financial variables—in...
The interplay between land management and real estate market dynamics is critical for sustainable development. This study employs behavioral finance theory to explore how irrational behaviors among key market participants, including developers, consu...
Despite extensive research on financial literacy and financial decision-making, the scholarly literature remains conceptually fragmented, particularly regarding how behavioral biases mediate or moderate the relationship between knowledge and financia...
This study examines the influence of FinTech Paylater, Financial Well Being (FW), Behavioral Finance (BF), and Digital Financial Literacy (DFL) on the sustainability of Micro, Small, and Medium Enterprises (MSMEs) in South Sumatera, Indonesia. Using...
In this paper we offer a comprehensive review of Sociophysics, focusing on relevant models as well as selected applications in social trading, behavioral finance and business. We discuss three key aspects of social diffusion dynamics, namely Opinion...
Systemic interaction mechanisms exist in the impact of renewable energy investment on regional economic growth, yet most existing research adopts fragmented analytical perspectives. This study integrates behavioral variables—environmental cogni...
29 October 2026
Digital financial platforms increasingly embed behavioral choice architecture—nudges, gamification, and occasionally sludges—whose welfare consequences vary with institutional context. This study reports a comparative bibliometric and str...
The efficient-market hypothesis (EMH) is one of the most important economic and financial hypotheses that have been tested over the past century. Due to many abnormal phenomena and conflicting evidence, otherwise known as anomalies against EMH, some...
The construction industry’s small and medium-sized enterprises (SMEs) face significant financial difficulties, exacerbated by disruptions such as COVID-19. Traditional supply chain finance models, relying on core enterprise credit, fail to addr...
Resale is an effective tool for reward-based crowdfunding creators to make more profit after crowdfunding successfully. On the one hand, funds raised during the crowdfunding affect the resale pricing as a capital constraint; on the other hand, backer...
Background: This study examines how four canonical behavioral biases (overconfidence, herding, anchoring, and loss aversion) influence investor decision-making in the Saudi stock market (Tadawul), and whether overconfidence and loss aversion operate...
This study examines how green bond financing costs in China are jointly shaped by market pricing mechanisms and institutional investor behavior. It develops an integrated two-level framework linking issuance-level bond characteristics with investor d...
19 June 2024
Blockchain technology enables innovative financing models in supply-chain finance. This research constructs a tripartite evolutionary game model that includes core enterprises as employers, small- and medium-sized enterprises (SMEs) as contractors, a...
Cryptocurrency investment in India has quickly become a mainstream financial activity, but it is still highly prone to psychological factors that impact the decision-making of retail investors. This study examines the effect of personality traits on...
Improving enterprises’ green innovation ability is beneficial to realize the “win–win” of economic development and environmental protection. As the global economic situation is complex and volatile, economic policies changed f...
This study examines the relationship between managerial overconfidence and environmental, social, and governance (ESG) performance through firm-level financial policy channels in an emerging-market context. Using panel data from non-financial firms l...
This study investigates the determinants of trading activity in the U.S. corporate bond market, focusing on the effects of Seasonal Affective Disorder (SAD) and macroeconomic announcements. Employing the General-to-Specific (Gets) Autometrics methodo...
This study investigates how consumers respond to firm communications emphasizing Environmental, Social and Governance (ESG) dimensions. Through experimental design, how consumers distinguish among ESG components and how each affects behavioral financ...
3 November 2021
R&D investment is the source of technological innovation of pharmaceutical enterprises, but it will be restricted by the funding level, especially in the context of major public health emergencies occurring more frequently, therefore exploring th...
The stock market represents one of the most complex mechanisms in the financial world. It can be seen as a living being with complex ways to enact, interact, evolve, defend, and respond to various stimuli. Technical analysis is one of the most comple...
This study aims to test the adaptive market hypothesis by using the myopic behavior of investors as a new proxy. The data have been taken from New York Stock Exchange from December 1994 to December 2020. Following this collection of data, the compani...
Insufficient environment protection may have serious ecological consequences, resulting in a number of problems in the modern world, many of which are a direct result of human behavior. Therefore, one needs to limit negative ecological effects by con...
Our paper investigates how emotions and cognitive biases shape small investors’ decisions in a bearish market or are perceived as such. Using semi-structured interviews and a focus group, we analyze the behavior of eight management science stud...
This study aims to analyze and classify the evolution of crowdfunding in Portugal from 2014 to 2020, addressing the central question, “What is the evolution of literature on crowdfunding and its research focuses in Portugal?”. Additionall...
Understanding generational differences in herding behavior is crucial for policymakers, financial educators, and market regulators, particularly in emerging markets where retail investor participation is rapidly growing. This study investigates the i...
In an increasingly complex financial landscape, individual financial behavior is shaped by a range of cognitive, technological, and psychological factors. Existing research on financial behavior often examines financial literacy, FinTech adoption, an...
Due to the limitations of traditional financial analysis and the non-specificity of laboratory-based gambling tasks, it is difficult for researchers to isolate the independent contributions of risk perception and initial investment experience on novi...
Household savings are a long-term financial issue that can undermine the financial well-being of American families if not addressed. This study examines financial planning strategies through the Behavioral Life-Cycle (BLCH) hypothesis, focusing on lo...
This study maps the intellectual structure and thematic evolution of buy now, pay later (BNPL) research published between 2010 and 2025, with particular attention to how impulsive buying and post-purchase regret are positioned within the broader BNPL...
This paper investigates the motives, behavior, and characteristics shaping mutual fund managers’ willingness to incorporate Environmental, Social and Governance (ESG) issues into investment decision making. Using survey evidence from fund managers fr...
Behavioral finance is an area or sub-discipline of behavioral economics that examines the real financial behavior and decision-making of people, including the knowledge of psychology and sociology. The objective of this paper was to identify and inve...
In this paper, a level set analysis is proposed which aims to analyze the S&P 500 return with a certain magnitude. It is found that the process of large jumps/drops of return tend to have negative serial correlation, and volatility clustering phe...
This study examines the relationship between financial risk tolerance and organizational resilience among small business managers in the Brazilian Northeast, a region strongly affected by economic fragility and intensified uncertainty during and afte...
This study investigates how financial literacy, FinTech adoption, and financial attitudes shape economic decision-making among millennials in Lebanon, a crisis-affected emerging economy. The study examines whether enhancing financial literacy can str...
This study examines how cyber awareness is translated into secure employee behavior in organizations through a systems thinking perspective that connects human resource management, organizational processes, and technological conditions. Rather than t...
This paper offers a comprehensive empirical overview of the impact of overconfidence in the stock market, thus contributing to the existing research literature on this topic. The study employs a bibliometric approach that utilizes the VOSviewer to ex...
This study explores smoothing techniques to refine financial risk tolerance (FRT) data for the improved prediction of financial market indicators, including the Volatility Index and S&P 500 ETF. Raw FRT data often contain noise and volatility, ob...
This study investigates the socio-economic characteristics, behavioral preferences, and consumption of individuals who own crypto-assets. Our empirical analysis utilizes data from a German personal finance management app where users connect their ban...
This paper analyzes the 1/3 Financial Rule, a method of allocating income equally among debt repayment, savings, and living expenses. Through mathematical modeling, game theory, behavioral finance, and technological analysis, we examine the rule&rsqu...
To achieve successful investments, in addition to financial expertise and knowledge of market information, a further critical factor is an individual’s personality. Decisive people tend to be able to quickly judge when to invest, while calm peo...
This study takes the limited household participation in risky financial markets as its point of departure. Drawing on microdata from the 2019 China Household Finance Survey (CHFS), we construct a multidimensional analytical framework using machine le...
This paper develops a portfolio construction methodology integrating behavioral finance principles with machine learning to model how cognitive biases systematically alter asset allocation decisions. We introduce a Distorted Value Transformation fram...
Recent researches on behavioral finance have tested for, among others, evidence for the relations between weather, investors’ mood, and investment decisions. Many of the researches related to the influence of some weather factors, such as sunshine du...
This study investigates how the origin and language of public attention influence financial markets during geopolitical conflict, using Israel’s experience during the 2023–2025 Gaza War as a case study. We use Google Trends data—in...
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