Cognitive And Psychological Bias In Investment Decision-Making Behavior (Evidence From Indonesian Investor’s Behavior)

Sri Utami Ady

No uyfxj, INA-Rxiv from Center for Open Science

Abstract: The purposes of this research were to understand and analyze the behavior of the psychological bias experienced by investors in making investment decisions. Psychological bias experienced by investors led to wrong decision making and fatal losses. This research used qualitative interpretive phenomenology method to understand the phenomenon of decision making based on the perspective of investors. The result showed that: (1) The phenomenon of cognitive bias and psychological bias behavior occur in nearly all informants, (2) The Psychologys bias could be divided by two tipe, namely: expected emotion bias behavior and immediate emotion bias behavior, (3) experience, knowledge of the capital markets and the management of good emotions determine the level of psychological stability and reduce bias behavior. that could be raising the return.

Date: 2018-01-25
New Economics Papers: this item is included in nep-neu and nep-sea
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://osf.io/download/5a69db75630114000fb0e393/

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:osf:inarxi:uyfxj

DOI: 10.31219/osf.io/uyfxj

Access Statistics for this paper

More papers in INA-Rxiv from Center for Open Science
Bibliographic data for series maintained by OSF ().