Investment Behavior of Secondary Equity Investors : An Examination of the Relationship Among the Biases (Record no. 50464)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02109nam a2200301 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20181120145049.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 181120b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Isidore, R. Renu |
| 9 (RLIN) | 32501 |
| 245 ## - TITLE STATEMENT | |
| Title | Investment Behavior of Secondary Equity Investors : An Examination of the Relationship Among the Biases |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 7-20 p. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Behavioral finance attempts to explain the emotions in the stock market which lead to anomalous stock market behavior. Behavioral biases exhibited by the investors explain their irrational decision making. Knowledge about the interaction among the biases would help to comprehend the investors' financial personality better. Using a dataset of 436 secondary equity investors residing in Chennai, this study measured eight behavioral biases on a Likert scale through a questionnaire survey. The biases studied included mental accounting, anchoring, gambler's fallacy, availability, loss aversion, regret aversion, representativeness, and overconfidence. Significant relationships among the behavioral biases were documented in the study. The biases: (a) overconfidence, regret aversion, and anchoring biases; (b) loss aversion and anchoring; (c) representativeness, gambler's fallacy, and mental accounting; (d) mental accounting and availability biases exhibited by the secondary equity investors were found to be interrelated. Hence, the financial advisors could improve their advice and recommend guidelines to the investors based on the biases they are likely to exhibit. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | Behavioral Finance, |
| Uncontrolled term | Behavioral Biases, |
| Uncontrolled term | Mental Accounting, |
| Uncontrolled term | Anchoring, |
| Uncontrolled term | Gambler's Fallacy, |
| Uncontrolled term | Availability, |
| Uncontrolled term | Loss Aversion, |
| Uncontrolled term | Regret Aversion, |
| Uncontrolled term | Representativeness, |
| Uncontrolled term | Overconfidence, |
| Uncontrolled term | Secondary Equity Market, |
| Uncontrolled term | Equity Investors' Behavior |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Christie, P. |
| 9 (RLIN) | 32502 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 29384 |
| Host Itemnumber | 72772 |
| Main entry heading | GILANI,S. |
| Other item identifier | 5559447 |
| Title | INDIAN JOURNAL OF FINANCE |
| International Standard Serial Number | 0973-8711 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 20/11/2018 | Vol 12, Issue 9/ 5559447JA1 | 5559447JA1 | 20/11/2018 | 20/11/2018 |