Do non-economic factors affect market prices? If so, are they likely to be economically meaning- ful? Researchers suggest that psychology-based trading strategies afford financial managers the opportunity to exploit and develop profitable outcomes (Addoum & Kumar, 2013). In previous weeks, you explored how behaviors might provide further insight into key anomalies found in mar- ket efficiency as well as how they might impact stock market puzzles. As a financial manager, it will be important for you to develop your skills in psychology-based trading strategies of which understanding the human element to biases will be first and foremost. For this discussion, you will examine whether human mistakes ultimately influence financial markets. You also will examine the elimination of the human element to determine if biases no longer occur in financial decision-making. Review the course material and specifically focus on how the human element may influence financial markets.