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Journal : JER

The Role of Familiarity Bias and Confirmation Bias in Investment Decisions: The Moderating Role of Financial Literacy - A Case Study of FEB Students at Universtas Klabat Lionardo, Holly Christy; Resubun, Laura Alicia; Sahetapy, Kenneth August
Jurnal Economic Resource Vol. 8 No. 1 (2025): March-August
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/jer.v8i1.1385

Abstract

This study examines the influence of familiarity bias and confirmation bias on investment decisions, with financial literacy as a moderating factor, involving 293 students from the Faculty of Economics and Business (FEB) at Universitas Klabat. The findings indicate that familiarity bias significantly affects investment decisions, meaning that the tendency to choose familiar investments influences students' financial choices. Conversely, confirmation bias does not have a significant effect, suggesting that the inclination to focus solely on information that aligns with personal beliefs has a limited impact on their investment decisions. Additionally, the findings reveal that financial literacy reduces the influence of familiarity bias, enabling students to make rational decisions. However, financial literacy does not moderate the relationship between confirmation bias and investment decisions. This study underscores the importance of financial literacy in formal education. Integrating comprehensive financial literacy materials into the curriculum could help students mitigate investment biases and enhance the quality of their financial decisions, especially in a complex economic environment.
The Relationship Between Investment in Education and Economic Business Development Sahetapy , Kenneth; Ambalao , Shapely
Jurnal Economic Resource Vol. 8 No. 1 (2025): March-August
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/jer.v8i1.1499

Abstract

Penelitian ini menginvestigasi hubungan multidimensional antara investasi di sektor pendidikan dan dampaknya terhadap pembangunan ekonomi bisnis, terutama di tengah dinamika transformasi digital dan tantangan Revolusi Industri Keempat dan Society 5.0. Menggunakan pendekatan Rapid Review, studi ini mensintesis temuan dari empat artikel ilmiah relevan yang diterbitkan antara tahun 2020-2024. Hasil tinjauan menunjukkan bahwa investasi pendidikan adalah pilar fundamental dalam pembentukan modal manusia yang berkualitas dan pendorong utama pertumbuhan ekonomi serta daya saing. Temuan kunci mengindikasikan bahwa investasi pada pendidikan tinggi, khususnya di bidang STEM, memberikan pengembalian finansial yang signifikan, yang berkorelasi positif dengan pembangunan ekonomi. Selain itu, pengembangan kurikulum yang adaptif dan responsif terhadap kebutuhan industri digital, seperti kurikulum berbasis informatika, sangat krusial untuk menghasilkan tenaga kerja siap pakai dan inovatif. Lebih lanjut, kualitas pendidik sebagai fasilitator dan penguatan fondasi pendidikan dini, termasuk pengembangan soft skills dan karakter, merupakan investasi jangka panjang yang membentuk modal manusia tangguh untuk masa depan ekonomi. Secara keseluruhan, studi ini menegaskan bahwa investasi yang strategis dan komprehensif pada seluruh jenjang pendidikan, disertai adaptasi kurikulum dan kualitas pengajaran, sangat esensial untuk mencapai pembangunan ekonomi bisnis yang berkelanjutan dan berdaya saing.
Implementation of Management Economics in MSMEs in the Digital Era Ambalao , Shapely; Sahetapy, Kenneth
Jurnal Economic Resource Vol. 8 No. 1 (2025): March-August
Publisher : Fakultas Ekonomi & Bisnis Universitas Muslim Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.57178/jer.v8i1.1597

Abstract

Digital MSMEs in Indonesia are facing new dynamics amid rapid technological transformation. This study aims to evaluate the extent to which managerial economic principles have been applied in the management of digital-based MSMEs. Using a Systematic Rapid Review approach to analyze five academic articles published in 2024, the study finds that managerial capability and e-commerce utilization are dominant factors in improving efficiency and competitiveness. The findings also reveal significant challenges such as low managerial and digital literacy, and suboptimal policy support. Therefore, a sustainable strategy emphasizing managerial training, data utilization, and cross-sector collaboration is needed to enhance MSME performance in the digital era.