THE INFLUENCE OF OVERCONFIDENCE, HERDING, REGRET AVERSION, AND RISK TOLERANCE ON INDIVIDUAL INVESTMENT DECISIONS (A Study on Gold Investment in Semarang)

Authors

  • Febri Glend Simarmata STIE Bank BPD Jateng
  • Dr.E. Siti Puryandani, S.E.,M.Si. STIE Bank BPD Jateng

Keywords:

overconfidence, herding, regret aversion, risk tolerance, investment decisions

Abstract

This study aims to analyze Overconfidence, herding, regret aversion, and risk tolerance on individual investment decision making. The population of this study is the community in Semarang City with a sample size of 100 respondents. The sampling technique in this study used purposive and snowball sampling. Data testing techniques used in this study include validity testing and reliability testing. The data analysis method used is multiple linear regression analysis with the help of SPSS for Windows version 22.0. The results of this research show that Overconfidence, herding, and risk tolerance have a positive and significant influence on individual investment decisions in Semarang. While regret aversion has a positive but not significant effect on investment decisions in Semarang.

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Published

2024-11-25

How to Cite

Febri Glend Simarmata, & Dr.E. Siti Puryandani, S.E.,M.Si. (2024). THE INFLUENCE OF OVERCONFIDENCE, HERDING, REGRET AVERSION, AND RISK TOLERANCE ON INDIVIDUAL INVESTMENT DECISIONS (A Study on Gold Investment in Semarang). International Conference on Islamic Economics (ICIE), 1(1), 1400–1459. Retrieved from https://proceeding.uingusdur.ac.id/index.php/icie/article/view/2623

Issue

Vol. 1 (2024): The 1st International Conference on Islamic Economics (ICIE)

Section

Articles