Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
October 15, 2025International Journal of Business and Applied Economics

The Role of Financial Literacy and Demographic Variables in Influencing Behavioral Biases

View Full Paper
Ask AI
Bookmark
Share

Authors

MPMuhammad Arifin Dwi PutrandaKNKatiya Nahda

Discussion

Loading...

Member takes

Overview

Quantitative analysis shows financial literacy significantly decreases behavioral biases in investors, while demographic factors have limited impact.

Key Points

  • Financial literacy significantly reduces behavioral biases in investors, improving decision-making in markets.
  • The study found that demographic factors do not significantly influence most behavioral biases in investment.
  • Data was collected from 152 respondents using a structured questionnaire and purposive sampling method.
  • Findings support the importance of enhancing financial literacy to mitigate biases in capital market investment.

Cite This Study

Putranda et al. (2025) studied this question.

synapsesocial.com/papers/68f01110f081da0584b567c4https://doi.org/10.55927/ijbae.v4i5.387
View Full Paper
Ask AI
Bookmark
Share