The Gambler’s Fallacy, the Halo Effect, and the Familiarity Effect Based on Risk Profile: Bullish and Bearish Market in Indonesia Stock Exchange

The Gambler’s Fallacy, the Halo Effect, and the Familiarity Effect Based on Risk Profile: Bullish and Bearish Market in Indonesia Stock Exchange

This study tests three behavioral biases: the gambler’s fallacy, the halo effect, and the familiarity effect. The novelty is the behavioral bias in bullish and bearish markets, based on different investors’ risk profiles. The questionnaire used a Likert scale. This study argues that bullish and bear...

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Bibliographic Details
Main Authors: Putu Anom Mahadwartha, Fitri Ismiyanti, Zunairoh Zunairoh
Format: Article
Language:English
Published: Universitas Gadjah Mada 2023-05-01
Series:Gadjah Mada International Journal of Business
Subjects:
behavioral bias, investors’ risk profile, gambler’s fallacy, halo effect, familiarity effect
Online Access:https://jurnal.ugm.ac.id/gamaijb/article/view/64801

Internet

https://jurnal.ugm.ac.id/gamaijb/article/view/64801

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