BEHAVIOUR BIAS IN INVESTMENT DECISIONS: EMPIRICAL STUDY OF INVESTOR PSYCHOLOGY IN INDONESIA

Investing involves putting money into a variety of asset classes for a predetermined amount of time in the hopes of increasing total value and producing more income. The goals of investments and economics, such as value creation, profit generation, and other related goals, are strongly correlated....

Full description

Bibliographic Details
Published in:	Ekuitas: Jurnal Ekonomi dan Keuangan
Main Authors:	Deddy Marciano, Zunairoh Zunairoh, Liliana Inggrit Wijaya
Format:	Article
Language:	Indonesian
Published:	Sekolah Tinggi Ilmu Ekonomi Indonesia Surabaya 2024-09-01
Subjects:	Investment decisions behaviour bias Investor psychology Indonesia
Online Access:	https://ejournal.stiesia.ac.id/ekuitas/article/view/6380

Similar Items

The effect of behavioral factors on investment decision towards stock market between Indonesia, Japan, and Thailand
by: Deddy Marciano, et al.
Published: (2025-07-01)

Behavioural Bias of Legal Clients of Stock Exchange Investors in the Banking Industry
by: Hamid Reza Rohi Moghadam, et al.
Published: (2023-09-01)

Unpacking Investor Psychology: A Systematic Review and Meta-Analysis of Behavioural Biases Shaping Investment Decisions* [version 1; peer review: 3 approved]
by: Amila Munasinghe, et al.
Published: (2025-10-01)

Exploring the Sense of Overconfidence Bias on Investment Decisions: Insight from The Retail Investors of Bangladesh
by: Md. Yousuf Ahammed, et al.
Published: (2024-04-01)

Analyzing cognitive biases impacting investor decision-making in Urban investment projects
by: Rouhollah Shahnazi, et al.
Published: (2024-02-01)

Behavioral biases, financial literacy, and investment decision: A case of individual investors in Pakistan
by: Arslan Saleem, et al.
Published: (2023-12-01)

RETRACTED: An empirical assessment of financial literacy and behavioral biases on investment decision: Fresh evidence from small investor perception
by: Sun Weixiang, et al.
Published: (2022-09-01)

Financial literacy and behavioural biases of individual investors: empirical evidence of Pakistan stock exchange
by: Nosheen Rasool, et al.
Published: (2020-12-01)

Behavioral Risk Management in Investment Strategies: Analyzing Investor Psychology
by: Jacob Odei Addo, et al.
Published: (2025-04-01)

Impact of Behavioral Biases on Investment Decisions: Moderating Effect of Preferred Sector of Investment
by: Ms. Shilpi Gupta, et al.
Published: (2021-12-01)

Financial Literacy and Return on Investment Portfolio of an Investor-Beginner: Is There a Link?
by: Svetlana V. Bekareva, et al.
Published: (2025-07-01)

Young Investor’s Investment Decision Making: The Influence of Heuristic Behavior, Risk Perception, and Herding Bias
by: Ayu Oktaviani, et al.
Published: (2024-02-01)

A Systematic Review of Psychological Biases in Gen Z Stock Investment Decisions
by: Haqibul Mujib, et al.
Published: (2024-12-01)

Chain Reaction of Behavioral Bias and Risky Investment Decision in Indonesian Nascent Investors
by: Rika Dwi Ayu Parmitasari, et al.
Published: (2022-07-01)

Establishing a link between risk tolerance, investor personality and behavioural finance in South Africa
by: Zandri Dickason, et al.
Published: (2018-01-01)

A Bibliometric Analysis of Research in Behavioural Finance: Special Emphasis on Selected Behavioural Biases in Investment Decision Making
by: Poonam Das, et al.
Published: (2024-12-01)

How do investors invest in crowd-investing? A qualitative study in Mexico
by: Enrique Wiencke, et al.
Published: (2019-12-01)

The Gambler’s Fallacy, the Halo Effect, and the Familiarity Effect Based on Risk Profile: Bullish and Bearish Market in Indonesia Stock Exchange
by: Putu Anom Mahadwartha, et al.
Published: (2023-05-01)

Segmenting Investors on their Biases Manifested in Investment Decision-Making by Individual Investors
by: Afreen Fatima, et al.
Published: (2021-07-01)

How do investors invest in crowd-investing? A qualitative study in Mexico
by: Enrique Wiencke, et al.
Published: (2019-09-01)

Impact of behavioral biases on investment decisions and the moderation effect of financial literacy; an evidence of Pakistan
by: Faiq Mahmood, et al.
Published: (2024-07-01)

Individual investor investment alternatives assessment criteria modelling
by: Deimena Kiyak
Published: (2014-12-01)

Lithuanian investors’ behaviour during financial crisis
by: Egidijus Bikas, et al.
Published: (2010-10-01)

The influence of cognitive biases on investor decision-making: the moderating role of demographic factors
by: Yofy Syarkani, et al.
Published: (2022-07-01)

The Effect of Knowledge Management on Investor Behaviour
by: Mochammad Nugraha Reza Pradana, et al.
Published: (2020-12-01)

The influence of emotional intelligence and behavioural biases on mutual fund churning frequency: Evidence from India
by: R. Annapurna, et al.
Published: (2024-08-01)

An examination of motivation factors driving investor behaviours towards socially responsible community energy initiatives
by: Helen Mullen, et al.
Published: (2024-03-01)

Corporate Governance and the Relation between Investor Sentiment and Corporate Investment Decisions
by: abbas hashemi, et al.
Published: (2018-04-01)

Exploring behavioural bias affecting investment decision-making: a network cluster based conceptual analysis for future research
by: Anshita Bihari, et al.
Published: (2022-12-01)

Past, Present, and Future Research Trajectories on Retail Investor Behaviour: A Composite Bibliometric Analysis and Literature Review
by: Finn Christian Simonn
Published: (2025-06-01)

IMPACT OF BEHAVIOURAL FINANCE ON RISK PERCEPTION, PSYCHOLOGICAL BEHAVIOUR, AND FINANCIAL DECISIONS OF MOROCCAN INVESTORS
by: Omar El Ghmari, et al.
Published: (2024-10-01)

The appearance of bias in international investment arbitrators and analysis of potential impediments to bias in the European Union’s proposal for a multilateral investment court
by: George Cadillac
Published: (2021-06-01)

Will investors move their investment from bank deposits and stocks/bonds to equity crowdfunding?
by: Tubagus Rifqi Hanif, et al.
Published: (2023-08-01)

Industry Based Style Investing and Herding Behaviour in Industry Level and Momentum Strategy Among Retail Investors
by: Mojtaba Soleymani Mareshk, et al.
Published: (2018-08-01)

Psychological aspects of investment decisions
Published: (2020-01-01)

Factors influencing the individual investors of Bangladesh to opt for investment in ṣukūk
by: Tasruma Sharmeen Chowdhury, et al.
Published: (2023-12-01)

Empirical Assessment of How the Impact of Emotional Intelligence and Behavioural Biases Determine the Investment Decisions of Information Technology Professionals
by: Singh Sanjeet, et al.
Published: (2023-12-01)

Financial Statement Analysis and Investors' Decision: Empirical evidence from listed petroleum firms in Nigeria
by: Adebola Abass Jabar, et al.
Published: (2015-05-01)

Behavioural errors and stock market investment decisions: recent evidence from Pakistan
by: Kashif Rashid, et al.
Published: (2022-05-01)

BEHAVIORAL BIASES AND PORTFOLIO STRATEGIES: ANALYZING THE IMPACT ON INVESTOR DECISION MAKING IN THE NEPALESE STOCK MARKET
by: Bidush Nepal, et al.
Published: (2023-12-01)