From Cognitive Bias to Algorithmic Influence: Theoretical Shifts in Behavioral Finance
Journal of Behavioral Economics and Policy · 20-27 · 10.55121/jbep.v1i1.766
Behavioral finance emerged as a response to the limitations of classical financial theory, revealing that investor behavior is shaped by cognitive biases, heuristics, and emotional influences rather than pure rationality. The rapid diffusion of artificial intelligence (AI) across financial systems now challenges this foundation,

