Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)

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Fear of Missing Out (FOMO) & Investment Decision: A Systematic Literature Review

Authors
Rulit Candra1, *, Aisah Aisah1, Nugraha Nugraha1, Imas Purnamasari1
1Pendidikan Ekonomi dan Bisnis, Universitas Pendidikan Indonesia, Bandung, Indonesia
*Corresponding author. Email: rulit@upi.edu
Corresponding Author
Rulit Candra
Available Online 26 June 2024.
DOI
10.2991/978-94-6463-443-3_11How to use a DOI?
Keywords
Fear of missing out; FOMO; Investment; Finance; Financial Behavior
Abstract

The purpose of this systematic review article is to analyse prior studies on fear of missing out (FOMO) and investment. The data collected comes from three databases, i.e., Scopus, EBSCO Host, and Taylor & Francis, using PRISMA guidelines. The primary inclusion criteria for this systematic review were English language articles, open-access and full-text papers, and scientific journals only. This literature review explores the relationship between the fear of missing out (FOMO) and investment behaviour. The findings highlight the significant influence of FOMO on investment decisions, emphasising the importance of understanding psychological factors, emotional biases, and contextual influences in shaping investor behaviour and improving investment outcomes. To better understand the complex relationships between FOMO and investment, future research can include empirical studies, investigate other behavioural biases, explore the impact of demographic factors, conduct cross-cultural studies, and use virtual reality or real-world scenarios.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
26 June 2024
ISBN
978-94-6463-443-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-443-3_11How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Rulit Candra
AU  - Aisah Aisah
AU  - Nugraha Nugraha
AU  - Imas Purnamasari
PY  - 2024
DA  - 2024/06/26
TI  - Fear of Missing Out (FOMO) & Investment Decision: A Systematic Literature Review
BT  - Proceedings of the 8th Global Conference on Business, Management, and Entrepreneurship (GCBME 2023)
PB  - Atlantis Press
SP  - 68
EP  - 74
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-443-3_11
DO  - 10.2991/978-94-6463-443-3_11
ID  - Candra2024
ER  -