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        1 - A Model to Identify the Impact of Spiritual Intelligence on Emotional Intelligence and Its Role in Behavioral Bias Control (Based on Halo Error) and Its Role on Investor Decision Making
        ehtesham shahabirad khosro faghani makrani Ali Zabihi
        The purpose of the present study is to investigate the effect of spiritual intelligence on emotional intelligence and its role in controlling auroral errors in order to improve the process of investor decision making. To achieve this goal, a random sample of 300 TSE inv More
        The purpose of the present study is to investigate the effect of spiritual intelligence on emotional intelligence and its role in controlling auroral errors in order to improve the process of investor decision making. To achieve this goal, a random sample of 300 TSE investors was selected for the sample. Required data were obtained through distribution and collection of questionnaires. Pearson correlation coefficient and structural equation test were used to analyze the data. Data were analyzed by SPSS software and graphs by EXCEL software and Structural equation analysis by AMOS software.According to the factor loadings in the research model, among the variables of spiritual intelligence and emotional intelligence, respectively, in spiritual intelligence, belief in religious capacity in factor decision making with factor of 0.81, heart rate in decision making of 0.67, conversion to failure Opportunity 0.40, spontaneity, courage 0.4 had the most impact and emotional intelligence index, respectively, factor index 0.74, stress and stress factor 0.64, emotion control 0.59, external communication adjustment 0.35 had the most effect on the aural error variable, respectively. Corporate cheating variable with the factor of 0.88, disclosure rating decline of 0.55 had the most impact. The level of 0.25 on emotional intelligence, emotional intelligence on control of perceptual errors is 0.62 and finally its effect on decision making is 0.24. Manuscript profile
      • Open Access Article

        2 - Behavioral factors affecting the decisions of foreign investors in Iran
        Mozhgan Babaee Yadollah Rajaei Ashkan Rahimzadeh Mohammad Dalmanpour
        Abstract One of the basic strategies in supporting Iranian labor and capital is to pay attention to foreign investment. Obviously, foreign investment can lead to the transfer of technology and technical knowledge, improve management and marketing methods, training and More
        Abstract One of the basic strategies in supporting Iranian labor and capital is to pay attention to foreign investment. Obviously, foreign investment can lead to the transfer of technology and technical knowledge, improve management and marketing methods, training and education of human resources, easier access to export markets, and so on. so; The main purpose of this article was to investigate the behavioral factors affecting the decisions of foreign investors in Iran in both econometric and qualitative sections. In this article, data in the econometrics section were collected annually in the period of 1372 to 1400, and in the qualitative section, a questionnaire (researcher-made) field method was used to collect information and data. To determine the validity of the questionnaire and test, experts were consulted and the questionnaire in terms of validity (validity) was approved by obtaining the opinion of the respected supervisor. On the other hand, some questions lacking the necessary characteristics were removed and some ambiguous questions were corrected, which indicates the formal validity of those questions in the questionnaire. Then, in this study, content validity ratio was used to examine the validity of the questions. The results of the analysis based on the AR model indicate that an increase in foreign direct investment (FDI) in the previous period will increase foreign direct investment (FDI) by investors from the country, the reason for this should be sought in behavioral economics. The results obtained from the analysis of t-test show that the mean ‌behavioral economics variables (risk aversion, herding behavior, social security, conservative mental accounting (bias) and orientation) influence the decisions of foreign direct investors. Is transient and is statistically valid. Manuscript profile
      • Open Access Article

        3 - Risk perception, behavioral biases and investment decisions
        Hanieh   Jaberi Seyed Javad dellavari@razi.ac.ir Saman Mohamadi
        Behavioral finance is one of the key topics in the field of finance and economics, which has a special attraction for scientific research. One of the determining factors of market movements is the sentiments of investors. In this context, it is important to study the ro More
        Behavioral finance is one of the key topics in the field of finance and economics, which has a special attraction for scientific research. One of the determining factors of market movements is the sentiments of investors. In this context, it is important to study the role of behavioral biases in shaping investors' decisions and its impact on market efficiency. The current research seeks to find the effect of the most important behavioral biases, the effect of tendency and herd behavior, considering the factor of risk perception on investors' decisions. The data of this research was collected through a questionnaire that was distributed among 384 stock market investors, also partial least square (PLS) method was used to analyze the data. The results showed that the effect of desire, herd behavior and risk perception have a positive and significant effect on investment decisions. Also, there is a negative and significant relationship between the effect of willingness and risk perception, finally it was found that herd behavior also has a significant effect on risk perception. In general, these results emphasize that behavioral and cognitive factors have an important impact on investment decisions. Manuscript profile
      • Open Access Article

        4 - Clarifying the effect of personality traits on the behavioral biases of financial professionals in Iran
        حمید رستمی جاز morteza bavaghar leila raeisi
        Psychological and Behavioral Factors Drive Financial Decisions Behavioral finance explains how psychological factors influence investors' perceptions, behavior, and decision-making, and subsequent market performance. Investor decision-making includes psychological, biol More
        Psychological and Behavioral Factors Drive Financial Decisions Behavioral finance explains how psychological factors influence investors' perceptions, behavior, and decision-making, and subsequent market performance. Investor decision-making includes psychological, biological and sociological factors. Investors' demographics may influence their decision-making abilities, risk perception and attitude, and their personal characteristics. A person's personality plays an important role in making decisions that have different consequences for decision makers, especially financial professionals in Iran. Therefore, the present research tries to contribute to the perspective theory by examining how personality factors affect behavioral biases. The present research method is based on the purpose of applied research and based on the method of data collection, it is considered a descriptive method of the survey branch. Based on this, a field study was conducted by designing and distributing a questionnaire among 132 financial professionals in Tehran city, who were selected by simple random method. After collecting the data, they were analyzed using the structural equation modeling technique with the help of Laserl software. The results of the analysis showed that personality traits and its components (neuroticism, extroversion, openness, conscientiousness and adaptability) had a positive and significant effect on behavioral biases Manuscript profile