Proceedings of the tenth International Conference on Entrepreneurship and Business Management 2021 (ICEBM 2021)

Investor Bias Behavior in Investment Decision Making

Authors
Yusbardini Yusbardini1, *, Khairina Natsir1
1Faculty of Economics and Business, Universitas Tarumanagara, West Jakarta - 11470, Indonesia
*Corresponding Author. Email: yusbardini@fe.untar.ac.id
Corresponding Author
Yusbardini Yusbardini
Available Online 11 May 2022.
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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Volume Title
Proceedings of the tenth International Conference on Entrepreneurship and Business Management 2021 (ICEBM 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
11 May 2022
ISBN
10.2991/aebmr.k.220501.064
ISSN
2352-5428
DOI
10.2991/aebmr.k.220501.064How to use a DOI?
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.

Cite this article

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  -