Analyzing the Effect of Education Level on Financial Decision-making from the Perspective of Behavioral Finance

Taking behavioral finance as a research perspective, this dissertation provides an in-depth discussion on the impact of investors' education level on their investment behavior. The results of the study show that investors with higher education levels perform better in information processing ability, cognitive bias identification, risk management and long-term investment concepts, and thus are able to make more rational investment decisions. In addition, the thesis puts forward recommendations for investor education, arguing that educational institutions, financial regulators and industry associations should strengthen cooperation to provide high-quality investor education in order to improve the quality of investors' investment decisions. These suggestions are important practical guidance for improving investors' literacy and their investment decisions. Through the research of this thesis, I can see that improving the education level of investors has important theoretical and practical value for promoting their rational investment behavior. Against the background of increasing complexity and uncertainty in the financial market, this research result provides stronger support for the necessity of investor education and provides a scientific basis for the formulation of relevant education policies.