International Journal of Applied Finance and Business Studies
Vol. 11 No. 3 (2023): December: Applied Finance and Business Studies

Heuristic Bias In Investment Decision Making

Latifah Wulandari Binti Asbaruna (Universitas Ma’soem, Indonesia)



Article Info

Publish Date
30 Dec 2023

Abstract

The field of Behavioral Finance offers an explanation for the illogical financial decisions made by investors. This demonstrates how investors' decisions about investments are influenced by their feelings and cognitive errors. Heuristic bias is one of the many factors that contribute to behavioral finance. Essentially, the behavioral finance approach looks into the patterns of behavior exhibited by investors and attempts to determine how these patterns influence the decisions made about investments. Behavioral finance furnishes an array of valuable perspectives for investment experts, thereby furnishing investors with a structure to assess investment approaches. Analyzing how heuristic bias affects investment choices is the goal of the study. Students, who make up the target population for this study, comprise the population. According to the findings, heuristic bias significantly influences investors' decisions to make investments.

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Journal Info

Abbrev

ijafibs

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

International Journal of Applied Finance and Business Studies is published with both online and print versions devoted to provide the publication of research finding in finance and business research studies. Objectives The main goal of ijafibs is to present outstanding, high quality research ...