Debiasing the Investment Decision-making Through Positive Psychology

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Bibliographic Details
Title: Debiasing the Investment Decision-making Through Positive Psychology
Authors: Tarana Azimova, Burcu Aydın Küçük
Source: Volume: 12, Issue: 2269-289
Optimum Journal of Economics and Management Sciences
Optimum Ekonomi ve Yönetim Bilimleri Dergisi
Publisher Information: Optimum Journal of Economics and Management Sciences, 2025.
Publication Year: 2025
Subject Terms: investment decision criteria, positive psychology, mindfulness, factor analysis, Econometric and Statistical Methods, Finance and Investment (Other), Ekonometrik ve İstatistiksel Yöntemler, yatırım kararı kriterleri, pozitif psikoloji, farkındalık, faktör analizi, Finans ve Yatırım (Diğer)
Description: Numerous research papers have addressed the “human pathology” that negatively affects investment decisions. However, little emphasis has been dedicated to personality traits that positively influence investment choice criteria and outcomes. Using Harman's Single factor analysis, we examine the effect of psychological traits in an investment undertaking in an empirical task of 441 participants employed in different organizations in Istanbul, Türkiye between February 2021 and June 2021. Drawing on positive psychology, we introduce psychological capital and mindfulness as positive personality traits and assert that these attributes improve both decision-making processes and investment decision outcomes. This study has practical implication and will assist the investors in their decision-making.
Document Type: Article
File Description: application/pdf
ISSN: 2148-4228
DOI: 10.17541/optimum.1551596
Access URL: https://dergipark.org.tr/tr/pub/optimum/issue/93488/1551596
Accession Number: edsair.doi.dedup.....d3299bc72503a76093e0188e11e9e7eb
Database: OpenAIRE
Description
Abstract:Numerous research papers have addressed the “human pathology” that negatively affects investment decisions. However, little emphasis has been dedicated to personality traits that positively influence investment choice criteria and outcomes. Using Harman's Single factor analysis, we examine the effect of psychological traits in an investment undertaking in an empirical task of 441 participants employed in different organizations in Istanbul, Türkiye between February 2021 and June 2021. Drawing on positive psychology, we introduce psychological capital and mindfulness as positive personality traits and assert that these attributes improve both decision-making processes and investment decision outcomes. This study has practical implication and will assist the investors in their decision-making.
ISSN:21484228
DOI:10.17541/optimum.1551596