Interaction between demographic and financial behavior factors in terms of investment decision making
dc.authorscopusid | 36660946300 | |
dc.authorscopusid | 39261303100 | |
dc.contributor.author | Gunay S.G. | |
dc.contributor.author | Demirel E. | |
dc.date.accessioned | 2024-06-12T10:29:09Z | |
dc.date.available | 2024-06-12T10:29:09Z | |
dc.date.issued | 2011 | |
dc.description.abstract | The purpose of this study is to show that there is an interaction between demographic and financial behavior factors in investment decisions. It is found that gender has interaction with five of the financial behavior factors (overreaction, herding, cognitive bias, irrational thinking, and overconfidence). The second finding of our study is that the level of individual savings has an interaction with four of the financial behavior factors (overreaction, herding, cognitive bias, and irrational thinking). Based on these findings, it would not be wrong to argue that gender and savings level are effective demographic factors that interact with behavioral finance factors in investment decisions. On the other hand, no interaction is found between age and behavioral finance factors in this study. Finally, it is also found that behavioral finance factors are effective in individuals' investment decisions. © EuroJournals Publishing, Inc. 2011. | en_US |
dc.identifier.endpage | 156 | en_US |
dc.identifier.issn | 1450-2887 | |
dc.identifier.scopus | 2-s2.0-79958072444 | en_US |
dc.identifier.scopusquality | N/A | en_US |
dc.identifier.startpage | 147 | en_US |
dc.identifier.uri | https://hdl.handle.net/20.500.14551/17612 | |
dc.identifier.volume | 66 | en_US |
dc.indekslendigikaynak | Scopus | en_US |
dc.language.iso | en | en_US |
dc.relation.ispartof | International Research Journal of Finance and Economics | en_US |
dc.relation.publicationcategory | Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
dc.rights | info:eu-repo/semantics/closedAccess | en_US |
dc.subject | Behavioral Finance; Cognitive Bias; Demographic Factors; Herding; Irrational Thinking; Media Effect; Overconfidence; Overreaction | en_US |
dc.title | Interaction between demographic and financial behavior factors in terms of investment decision making | en_US |
dc.type | Article | en_US |