The impact of herding bias, loss aversion and overconfident bias on the investment decision of business students
- The aim of this study is to analyze the impact of herding bias, loss aversion and overconfidence bias on the investment decision-making of business students. For this purpose, a pre-defined survey was distributed among business faculty students of the Furtwangen Business School. These three behavioral biases were then examined with the assistance of the gathered data. The study found that overconfidence bias is more prevalent among male students and that financial literacy, measured by the educational level of the students plays a role in reducing the effect of loss aversion.
| Author: | Helga Kicsi |
|---|---|
| Advisor: | Uwe Hack |
| Document Type: | Bachelor Thesis |
| Language: | English |
| Year of Completion: | 2024 |
| Granting Institution: | Hochschule Furtwangen |
| Release Date: | 2024/07/01 |
| Tag: | Behavioral biases; Behavioral finance; Herding bias; Loss aversion; Overconfidence bias |
| Page Number: | 33 |
| Degree Program: | IBM - International Business Management |
| Functional area: | Andere/Other |
| Licence (German): |  Urheberrechtlich geschützt |