Beschreibung
Work investigates the influence of certain identified behavioral finance concepts (or biases), namely, Overconfidence, Representativeness, Herding, Anchoring, Cognitive Dissonance, Regret Aversion, Gamblers Fallacy, Mental Accounting, and Hindsight Bias, on the decision making process of individual investors in the Indian Stock Market. Primary data for analysis was gathered by distributing a structured questionnaire among investors who were categorized as (i) young, and (ii) experienced. Results obtained by analyzing a sample of 92 respondents, out of which 53 admitted to having suffered a loss of at least 30% because of the crisis, revealed that the degree of exposure to the biases separated the behavioral pattern of young and experienced investors. Gamblers Fallacy, Anchoring and Hindsight biases were seen to affect the young investors significantly more than experienced investors.
Autorenporträt
Rahul Subash works as an IT professional in the Financial Services industry. Holds a B.Tech in Computer Science & Engg. and a Masters' degree in Economics and Finance from Charles University (with honors in 2012). Areas of interest: estate investments (residential), e-commerce, software engineering and online trading.
Herstellerkennzeichnung:
BoD - Books on Demand
In de Tarpen 42
22848 Norderstedt
DE
E-Mail: info@bod.de
