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題名:性別與投資行為偏誤
書刊名:證券市場發展季刊
作者:徐苑玲 引用關係黃柏凱 引用關係洪琳雅
作者(外文):Hsu, Yuan-linHuang, Po-kaiHung, Lin-ya
出版日期:2017
卷期:29:4=116
頁次:頁147-181
主題關鍵詞:性別過度自信避免後悔控制錯覺確認偏誤GenderOverconfidenceRegret aversionIllusion of controlConfirmation bias
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(1) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:1
  • 共同引用共同引用:69
  • 點閱點閱:9
行為財務學重視行為者的本身,因此行為者的性別是否會在投資行為偏誤中發揮作用是重要的研究議題。本文針對與投資有關的情緒型偏誤(過度自信、避免後悔)與認知型偏誤(控制錯覺、確認偏誤),藉由網路問卷調查來分析探討台灣個別投資人性別與行為偏誤之關係。研究發現性別與行為偏誤強烈有關,男性比女性有較強的確定型過度自信、控制錯覺與確認偏誤。女性較男性投資人有更明顯的避免後悔。實證結果證實性別差異是存在於投資行為偏誤中。
Behavioral finance emphasizes human itself that whether the gender plays a role in investment behavioral biases is an important research issue. This study investigates the relationship between gender and investment related behavioral biases, emotional bias (overconfidence, regret aversion) and cognitive bias (illusion of control, confirmation bias), using an online survey of individual investors in Taiwan. We find a strong relationship between gender and behavior biases. Men tend to exhibit stronger certainty overconfidence, illusion of control, and confirmation bias than women. Women are significantly more regret averse than men. The empirical results confirm that gender difference exists in the investment behavioral biases.
期刊論文
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圖書
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2.Pompian, Michael M.(2011)。Behavioral Finance and Wealth Management: How to Build Optimal Portfolios That Account for Investor Biases。John Wiley and Sons, Inc.。  new window
圖書論文
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