Potential underdog bias, overconfidence and risk propensity in investor decision-making behavior

dc.contributor.authorCombrink, Sean
dc.contributor.authorLew, Charlene
dc.contributor.emaillewc@gibs.co.zaen_ZA
dc.date.accessioned2020-09-10T13:46:51Z
dc.date.issued2020
dc.description.abstractIn this study we investigate whether investors are prone to take risks, both in terms of how they rate their risk propensity and their behavior in choosing between options with different risk levels, and whether they display overconfidence and underdog bias. We also investigate the relationships among underdog bias, overconfidence and risk propensity. The results indicate overconfidence levels similar to that in other populations and do not reveal underdog bias or high levels of risk propensity. We found support for a negative predictive relationship between underdog bias and overconfidence.en_ZA
dc.description.departmentGordon Institute of Business Science (GIBS)en_ZA
dc.description.embargo2021-06-03
dc.description.librarianhj2020en_ZA
dc.description.urihttps://www.tandfonline.com/loi/hbhf20en_ZA
dc.identifier.citationCombrink, S. & Lew, C. 2020, 'Potential underdog bias, overconfidence and risk propensity in investor decision-making behavior', Journal of Behavioral Finance, 21(4):337-351, doi:10.1080/15427560.2019.1692843.en_ZA
dc.identifier.issn1542-7560 (print)
dc.identifier.issn1542-7579 (online)
dc.identifier.other10.1080/15427560.2019.1692843
dc.identifier.urihttp://hdl.handle.net/2263/76141
dc.language.isoenen_ZA
dc.publisherRoutledgeen_ZA
dc.rights© 2020 Taylor and Francis. This is an electronic version of an article published in Journal of Behavioral Finances, vol. 21, no. 4, pp. 337-351, 2020. doi : 10.1080/15427560.2019.1692843. Journal of Behavioral Finance is available online at : https://www.tandfonline.com/loi/hbhf20.en_ZA
dc.subjectInvestor decision-makingen_ZA
dc.subjectRisk propensityen_ZA
dc.subjectUnderdog biasen_ZA
dc.subjectOverconfidenceen_ZA
dc.subjectDecision biasen_ZA
dc.titlePotential underdog bias, overconfidence and risk propensity in investor decision-making behavioren_ZA
dc.typePostprint Articleen_ZA

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