International Journal of Humanities, Education, and Social Sciences
Vol 3 No 2 (2025): International Journal of Humanities, Education, and Social Sciences

Role of Loss Aversion, Representativeness, and Overconfidence in Investment Decision-Making

Shrestha, Sajeeb Kumar (Unknown)
Karki, Pravesh (Unknown)
Shrestha, Nayan (Unknown)
Karki, Tej Bahadur (Unknown)
Mahat, Dipak (Unknown)
Neupane, Dasarath (Unknown)



Article Info

Publish Date
06 Mar 2025

Abstract

This study investigates how behavioral biases loss aversion, representativeness, and overconfidence influence investment decisions in Nepal’s stock market. Using a descriptive and causal research design, data were collected via structured questionnaires from 120 individual investors. Analysis through SPSS revealed that overconfidence has a significant positive impact on investment decisions, while loss aversion and representativeness showed moderate but insignificant effects. These findings highlight the critical role of psychological factors in shaping investor behavior, offering insights for financial advisors and policymakers to mitigate bias-driven risks.

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Journal Info

Abbrev

IJHESS

Publisher

Subject

Religion Humanities Education Languange, Linguistic, Communication & Media Social Sciences

Description

The International Journal of Humanities Education and Social Sciences (IJHESS) is a scholarly publication dedicated to advancing research, theories, and practices in the fields of humanities education and social sciences. The journal welcomes original research articles, literature reviews, case ...