ANALISIS FAKTOR DEMOGRAFIS DAN TOLERANSI RISIKO TERHADAP KEPUTUSAN BERINVESTASI DENGAN PENDEKATAN PROSPECT THEORY

Investor is a unique person. In taking any decision, investor still considers his or her rationality as a basis of decision, especially investment decision. In general, investor�s investment choice is based on the consideration of risk and return that will be born in the future. Frequently, invest...

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Bibliographic Details
Main Authors: , Abdul Aziz Huraibi, , Sukmawati Sukamulja, Prof. Dr. MM.
Format: Thesis
Published: [Yogyakarta] : Universitas Gadjah Mada 2012
Subjects:
ETD
Description
Summary:Investor is a unique person. In taking any decision, investor still considers his or her rationality as a basis of decision, especially investment decision. In general, investor�s investment choice is based on the consideration of risk and return that will be born in the future. Frequently, investor ignores the rationality as a basis on investment decision. Investor�s risk tolerance and different demographic characteristic of each investor often affect investor�s investment decision. The main purpose of this research is to analyze the effect of different demographic factor to the level of investor�s risk tolerance and to what extent both factors effect the investor�s investment decision. Data on this research is primary data which is collected from risk tolerance questionnaire and prospect theory questionnaire. The respondents on this research are 121 investors who have investment instrument on capital market. To analyze the effect of different demographic factor to investor�s risk tolerance, one-way Anova test is used