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All Journal Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Muhamad Daffa Azriel
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Agriculture, Biological Sciences & Forestry Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

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Journal : Al-Kharaj: Jurnal Ekonomi, Keuangan

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The influence of gambler's fallacy and financial literacy on generation z's investment decisions in the digital era Fathur Baihaqi Marzuki; Muhamad Daffa Azriel; Prima Naomi
Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol. 7 No. 1 (2025): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Intitut Agama Islam Nasional Laa Roiba Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v7i1.6342

Abstract

Financial decisions play a significant role in determining an individual’s economic well-being, especially in today’s digital era, where access to financial services and information is much easier. Among Generation Z, who were born amidst technological advancements and have instant access to various digital platforms, financial decisions are often influenced by various factors, including cognitive biases such as the Gambler’s Fallacy (Justyanita & Agustin, 2023). The Gambler’s Fallacy refers to the false belief that past random outcomes will influence future random outcomes (He, 2022). Although this phenomenon is more commonly associated with gambling, its impact is also seen in everyday financial behaviour.
Co-Authors Fathur Baihaqi Marzuki Prima Naomi