Decision making styles of investors in capital market
| Autor: | Andrijana Mušura Gabor, Anita Knezović |
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| Jazyk: | angličtina |
| Rok vydání: | 2016 |
| Předmět: | |
| Zdroj: | Zbornik Ekonomskog fakulteta u Zagrebu Volume 14 Issue 1 |
| ISSN: | 1333-8900 1845-495X |
| Popis: | The question of investor rationality has been deeply challenged by the development of behavioral finance, which leads to a distortion of certain axioms underlying classical economic science. This paper explores investors’ decision-making style in the capital market in Croatia and their tendency to framing. This is a search for individual differences in decision-making process and research of deviations from rationality assumptions as well. The analysis of investors’ decision- making styles points to, in general, the dominance of the rational decision-making style - vigilance. Individual differences reveal that professional, more experienced investors and investors who trade in domestic as well as in foreign markets score higher on rational self- assessed decision-making style. |
| Databáze: | OpenAIRE |
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