Behavioral biases and investment performance : does gender matter ? evidence from Amman stock exchange
Other Title(s)
الانحيازات السلوكية و أداء الاستثمار: هل يهم الجنس ؟ : دليل من بورصة عمان للأوراق المالية
Joint Authors
al-Abd Allah, Shadi Yusuf
Abu al-Jarayish, Nada Ibrahim
al-Rabadi, Dima Walid Hanna
Source
Jordan Journal of Economic Sciences
Issue
Vol. 5, Issue 1 (30 Jun. 2018), pp.77-92, 16 p.
Publisher
University of Jordan Deanship of Academic Research (DAR)
Publication Date
2018-06-30
Country of Publication
Jordan
No. of Pages
16
Main Subjects
Topics
Abstract EN
This study investigates the existence of behavioral biases in Amman Stock Exchange and their effect on investment performance from investor’s point of view.
In specific, the effects of overconfidence bias, familiarity bias, loss aversion bias, disposition bias, availability bias, representativeness bias, confirmation bias and herding bias are investigated.
Moreover, the study inspects whether the behavioral biases differ between males and females.
The results show that there is a statistically significant effect of overconfidence bias, familiarity bias, availability bias, representativeness bias and herding bias on investment performance (p≤5%).
Moreover, disposition bias, confirmation bias and loss aversion bias significantly affect investment performance but at a critical level of (p≤10%).
No statistically significant differences are found between the answers of males and females.
Keywords: Behavioral Biases, Investment Performance, Gender, Overconfidence, Familiarity, Loss Aversion, Disposition, Availability, Representativeness, Confirmation, Herding, Amman Stock Exchange.
American Psychological Association (APA)
al-Rabadi, Dima Walid Hanna& al-Abd Allah, Shadi Yusuf& Abu al-Jarayish, Nada Ibrahim. 2018. Behavioral biases and investment performance : does gender matter ? evidence from Amman stock exchange. Jordan Journal of Economic Sciences،Vol. 5, no. 1, pp.77-92.
https://search.emarefa.net/detail/BIM-905420
Modern Language Association (MLA)
al-Rabadi, Dima Walid Hanna…[et al.]. Behavioral biases and investment performance : does gender matter ? evidence from Amman stock exchange. Jordan Journal of Economic Sciences Vol. 5, no. 1 (2018), pp.77-92.
https://search.emarefa.net/detail/BIM-905420
American Medical Association (AMA)
al-Rabadi, Dima Walid Hanna& al-Abd Allah, Shadi Yusuf& Abu al-Jarayish, Nada Ibrahim. Behavioral biases and investment performance : does gender matter ? evidence from Amman stock exchange. Jordan Journal of Economic Sciences. 2018. Vol. 5, no. 1, pp.77-92.
https://search.emarefa.net/detail/BIM-905420
Data Type
Journal Articles
Language
English
Notes
Record ID
BIM-905420