Cebeci, Gizem Turna2025-01-112025-01-11202402214-80432214-805110.1016/j.socec.2024.1022342-s2.0-85194110103https://doi.org/10.1016/j.socec.2024.102234https://hdl.handle.net/20.500.14627/222The aim of this study is to test the intergenerational transmission of frequently observed financial biases. We elicited financial biases of first -year university students and their parents. Results indicate the intergenerational transmission of illusion of control, loss -aversion, and overconfidence from parents to children as well as transmission of affinity bias only from parents to daughters. Financial knowledge and saving habits of students have a strong influence on the transmission of financial biases. In addition, we found a moderate effect of economic preferences in the transmission process.eninfo:eu-repo/semantics/closedAccessFinancial BiasesIntergenerational TransmissionOverconfidenceIllusion Of ControlLoss AversionAffinityArticleQ3Q3111WOS:001246573900001