Robo Economicus? The Impact of Behavioral Biases on Robo-Advisory

  • Scholz P
  • Grossmann D
  • Goldberg J
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Abstract

Human investors are supposed to be rather emotional and prone to biases in their financial decision-making. By contrast, robots and algorithms have the reputation to be fully rational …

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Scholz, P., Grossmann, D., & Goldberg, J. (2021). Robo Economicus? The Impact of Behavioral Biases on Robo-Advisory (pp. 53–69). https://doi.org/10.1007/978-3-030-40818-3_4

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