Robo advisory and its potential in addressing the behavioral biases of investors — A qualitative study in Indian context

Ankita Bhatia, Arti Chandani and Jagriti Chhateja

Journal of Behavioral and Experimental Finance, 2020, vol. 25, issue C

Abstract: Technological developments have given shape to robotic services which have forayed in the finance and investment industry in the form of Robo-advisors. Robo-advisors are in use in the developed nations since over a decade but have recently entered the developing nations, like India, since early 2015. This research explores the present state of Robo-advisory services in the Indian context and investigates how Robo-advisors can help in mitigating behavioral biases of a retail investor.

Keywords: Robo advisors; Artificial Intelligence; Behavioral biases; Fintech; Behavioral finance (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (26)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:beexfi:v:25:y:2020:i:c:s2214635019302394

DOI: 10.1016/j.jbef.2020.100281

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