Investor Bias Behavior in Investment Decision Making

DOI

10.2991/aebmr.k.220501.064How to use a DOI?

Keywords

Behavioral bias; investment decisions; Overconfidence bias; Representativeness bias; Loss aversion bias

Abstract

The purpose of this study is to provide empirical evidence regarding investor bias behavior on investment decisions in the Indonesia Effect Exchange. This research was conducted on individual investors sample of 200 respondents in Jabodetabek purposive sampling. The data analysis method using Structural Equation Modeling (SEM) with Partial Least Square (PLS), is done by looking at the probability value and the t-statistic value. The results of this study investment bias behavior on investment decision making, namely Overconfidence bias, Representativeness bias, Loss aversion bias in stock trading are significant positive influence on investment decision making.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Yusbardini Yusbardini
AU  - Khairina Natsir
PY  - 2022
DA  - 2022/05/11
TI  - Investor Bias Behavior in Investment Decision Making
BT  - Proceedings of the tenth International Conference on Entrepreneurship and Business Management 2021 (ICEBM 2021)
PB  - Atlantis Press
SP  - 424
EP  - 428
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220501.064
DO  - 10.2991/aebmr.k.220501.064
ID  - Yusbardini2022
ER  -