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Please explain in detail what can be done to mitigate the negative impact of behavioral finance and behavioral bias when making financial decisions. (Because there
Please explain in detail what can be done to mitigate the negative impact of behavioral finance and behavioral bias when making financial decisions. (Because there are many cognitive and emotional biases, I would appreciate it if you could mention various biases together. such as Excessive optimism, Overconfidence Bias, Confirmation bias, Illusion of control, The familiarity heuristic, Loss aversion or "prospect theory", Sunk cost)
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