Record Details

An analysis of Decision Making in the Stock Investment

Economic: Journal of Economic and Islamic Law

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Field Value
 
Title An analysis of Decision Making in the Stock Investment
 
Creator Yuniningsih, Yuniningsih
Widodo, Sugeng
Nizarudin Wajdi, Muh. Barid
 
Subject decision making, investment, loss aversion, risk taking.
 
Description The research objective is to test how much risk investors are willing to take when making their investment associated with the loss aversion, in terms of the risk taking behavior in relation with that of the loss aversion. The later, the loss aversion is treated as the independent variable reviewed from the two sides of the gain and loss domain. When investors are in loss aversion within the gain domain, they tend to have a lower risk taking behavior than that of the loss domain. Such tendency of investor’s behavior differences in those two different domains is described in a hypothetical value function (Kahneman and Tversky, 1979). ANOVA Test is applied to determine the risk taking behavioral differences in the two domains toward the loss aversion. Hypothesis test results with the alpha index indicate that investors, when in the loss aversion of the gain domain, have a lower risk taking than that of the loss aversion in the loss domain. Meanwhile, using post hoc for significant test results in that the loss aversion has a significant influence for the risk taking decision making in investment, particularly in that of the stocks.
 
Publisher STAI Darul Ulum Banyuwangi
 
Date 2020-06-28
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://ejournal.kopertais4.or.id/tapalkuda/index.php/economic/article/view/2987
 
Source Economic: Journal of Economic and Islamic Law; Vol. 8 No. 2 (2017): Desember 2017; 122-128
2477-5576
2088-6365
 
Language eng
 
Relation http://ejournal.kopertais4.or.id/tapalkuda/index.php/economic/article/view/2987/2199
 
Rights Copyright (c) 2017 Economic: Journal of Economic and Islamic Law
http://creativecommons.org/licenses/by-sa/4.0