BEHAVIOURAL FINANCE: A BIBLIOMETRIC ANALYSIS USING SCOPUS DATABASE
DOI:
https://doi.org/10.55955/310004Keywords:
Behavioural Finance, Investor Behaviour, Behavioural Economics, Bibliometric Analysis, Market AberrationsAbstract
A branch of behavioural economics in finance known as "behavioural finance" integrates sociological and psychological principles into its paradigms. Behavioural finance assumptions are often created when rational models fall short of explaining investor behaviour or market aberrations. The number of publications in this area has recently increased, indicating its increasing importance. The main objective of this article is to examine the state of behavioural finance studies at the moment. The article is conceptual and provides future directions. This is based on the bibliometric analysis methodology. A sample of 110 papers from the field of behavioural finance were subjected to bibliometric analysis through a systematic search technique on the Scopus database for the years 2002 until 2022. For the research, the R-based web application Biblioshiny from the Bibliometrix package was utilised. Using the software's automated workflow, significant authors, articles, journals, countries, and themes were located, and social network analysis, citation, and co-citation were also performed. The research discussed here exhibits not just the conceptual structure of the field but also its intellectual and social structure. This study offers crucial information on topics that require more research. Researchers in the future would benefit from a thorough assessment of the literature in order to create a solid conceptual framework. Since it offers a wider range of top-notch journals in organised ways that integrate with the Bibliometrics programme.
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