Naslov
Decision making styles of investors in capital market

Autori
Mušura Gabor, Andrijana ; Knezović, Anita

Izvornik
Zbornik Ekonomskog fakulteta u Zagrebu (1333-8900) 14 (2016), 1; 1-12

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, prethodno priopćenje, znanstveni

Ključne riječi
decision making ; framing ; investors ; behavioural finance

Sažetak
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.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Psihologija

POVEZANOST RADA