Interaction between demographic and financial behavior factors in terms of investment decision making

dc.authorscopusid36660946300
dc.authorscopusid39261303100
dc.contributor.authorGunay S.G.
dc.contributor.authorDemirel E.
dc.date.accessioned2024-06-12T10:29:09Z
dc.date.available2024-06-12T10:29:09Z
dc.date.issued2011
dc.description.abstractThe 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.endpage156en_US
dc.identifier.issn1450-2887
dc.identifier.scopus2-s2.0-79958072444en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.startpage147en_US
dc.identifier.urihttps://hdl.handle.net/20.500.14551/17612
dc.identifier.volume66en_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.relation.ispartofInternational Research Journal of Finance and Economicsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectBehavioral Finance; Cognitive Bias; Demographic Factors; Herding; Irrational Thinking; Media Effect; Overconfidence; Overreactionen_US
dc.titleInteraction between demographic and financial behavior factors in terms of investment decision makingen_US
dc.typeArticleen_US

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