Jurnal Riset Akuntansi dan Bisnis
Vol 23, No 1 (2023): Maret

Pengaruh Overconfidence, Gambler’s Fallacy dan Loss Aversion Terhadap Keputusan Investasi di Sumatera Utara

Fauziah Rahman (Universitas Medan Area)
Sucitra Dewi (Universitas Medan Area)



Article Info

Publish Date
29 Mar 2023

Abstract

This study aims to prove the effect of overconfidence, loss aversion, gambler's fallacy, on investment decisions. The type of research used is conclusive causality which aims to see the cause-and-effect between the dependent variable and the independent variable. This research study uses primary data obtained from distributing questionnaires through social media. The population in this study were all capital market investors in North Sumatra. Due to the unknown population, the sampling used Malhotra's theory with purposive sampling technique so that 190 samples were obtained in this study. The results stated that overconfidence, loss aversion and gambler's fallacy partially had a positive and significant effect on investment decision making. Other results overconfidence, loss aversion and gambler's fallacy simultaneously have a positive and significant effect on investment decision making

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Journal Info

Abbrev

akuntan

Publisher

Subject

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

Description

JURNAL RISET AKUNTANSI DAN BISNIS, published by the Departement Accounting, Faculty of Economics and Business, University of Muhammadiyah Sumatera Utara (UMSU), Medan, North Sumatra, Indonesia, which includes articles on the scientific research field of Management Sciences, includes the results of ...