2021•International Journal of Financial and Investment Studies (IJFIS)Open access

RISK AVERSION AND OVERCONFIDENCE IN GENDER PERSPECTIVE

Clara Bella Jessica Arijaya, Sautma Ronni Basana

Abstract

This study analyzes the relationship between gender and risk aversion and overconfidence in making financial asset investment decisions for investors in Surabaya. The sample in this study amounted to 179 investors. Data were collected using a questionnaire. Methods of data analysis were performed using cross-tabulations and chi-square. This analysis shows that gender has a significant relationship with risk aversion and overconfidence in making financial asset investment decisions.

Open-access reader

About this research paper

What this paper is about

Why it matters

OpenAlex reports 1 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Key concepts: Overconfidence effect, Risk aversion (psychology), Perspective (graphical), Asset (computer security), Investment (military), Actuarial science, Investment decisions, Economics