Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Management Analysis Journal
Mugi Harsono
Faculty of Economics and Business, Universitas Sebelas Maret Surakarta
Decision Sciences, Operations Research & Management

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Study of Science Philosophy: Behavioral Bias and Investment Decisions Andhi Wijayanto; Mugi Harsono
Management Analysis Journal Vol 11 No 4 (2022): Management Analysis Journal
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/maj.v11i4.64064

Abstract

bjectives This paper aims to develop a theoretical and research framework by identifying behavioral biases in investment decisions and reviewing the existing literature in the field of behavioral biases related to behavior finance from the perspectives of ontology, epistemology, and axiology. This is because behavioral biases in management, and in particular financial management, remain an interesting research area. The study by Parveen, Satti, and Bashir (2021) demonstrates that heuristics and behavioral biases do exist and impact the decisions made by Pakistani investors during COVID-19. Pakistani investors have suffered a loss due to their faulty thinking. The Pakistani stock market exhibited features of dual process theory and prospect theory throughout this outbreak. Investors can employ both gut feelings and rational analysis. Since this study illuminates the impact of COVID-19 on emerging stock markets like Pakistan's, it contributes to the expanding body of scholarship on behavioral finance in developing nations.
Co-Authors Andhi Wijayanto