Biased echoes: Large language models reinforce investment biases and increase portfolio risks of private investors.
Large language models are increasingly used by private investors seeking financial advice. The current paper examines the potential of these models to perpetuate investment biases and affect the economic security of individuals at scale. We provide a systematic assessment of how large language model...
Saved in:
| Main Authors: | Philipp Winder, Christian Hildebrand, Jochen Hartmann |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Public Library of Science (PLoS)
2025-01-01
|
| Series: | PLoS ONE |
| Online Access: | https://doi.org/10.1371/journal.pone.0325459 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Similar Items
-
Impact of Automation Bias and Status Quo Bias on Capital Market Investment Decisions of Indian Investors: An Explanatory Research
by: Shivam Shukla, et al.
Published: (2023-09-01) -
Analyzing cognitive biases impacting investor decision-making in Urban investment projects
by: Rouhollah Shahnazi, et al.
Published: (2024-02-01) -
Cognitive biases, Robo advisor and investment decision psychology: An investor's perspective from New York stock exchange
by: Usman Ahmad, et al.
Published: (2025-06-01) -
Financial Literacy and Return on Investment Portfolio of an Investor-Beginner: Is There a Link?
by: Svetlana V. Bekareva, et al.
Published: (2025-07-01) -
Modeling the Relationship between Cognitive Abilities and Portfolio Managers' Investment Performance: Emphasizing Dimensions of Cognitive Bias
by: Molood Irajizad, et al.
Published: (2024-09-01)