The Impact of Cognitive Style to Recency Effect in Stock Investment: An Experimental Study

作者: Liza Alvia , Dedhy Sulistiawan

DOI: 10.2139/SSRN.2201544

关键词: Cognitive styleStock investmentBachelor degreeOrder (exchange)ModerationSocial psychologyControl (management)Technical analysisCognitive psychologyPsychologyStock market

摘要: The purpose of this research is to investigate the impact cognitive style recency effect in stock investment. This study expands Alvia and Sulistiawan (2010) work. Using as moderating variable, explains type order information bias when sequentially presented. uses unbalance ANOVA examine investment decision making through laboratory experimental study. participants are 172 bachelor degree students accounting. They represent nonprofessional investor market. separation treatment control group based on simple training about technical analysis knowledge. Control did not received results show that enhances bias.

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