Investor psychology: a study of investors’ overconfidence in Dubai financial market, UAE

"The economist may attempt to ignore psychology, but it is sheer impossibility for him to ignore human nature. If the economist borrows his conception of man from psychologist, his constructive work may have some chance of remaining purely economic in character. But if he does not, he will forc...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Moeini, Kimia Amir (author)
منشور في: 2012
الموضوعات:
الوصول للمادة أونلاين:http://bspace.buid.ac.ae/handle/1234/533
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author Moeini, Kimia Amir
author_facet Moeini, Kimia Amir
author_role author
dc.creator.none.fl_str_mv Moeini, Kimia Amir
dc.date.none.fl_str_mv 2012-05
2014-02-10T11:47:29Z
2014-02-10T11:47:29Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv 80010
http://bspace.buid.ac.ae/handle/1234/533
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv The British University in Dubai (BUiD)
dc.subject.none.fl_str_mv investor psychology
financial market
Dubai
United Arab Emirates (UAE)
Arab world
dc.title.none.fl_str_mv Investor psychology: a study of investors’ overconfidence in Dubai financial market, UAE
dc.type.none.fl_str_mv Dissertation
description "The economist may attempt to ignore psychology, but it is sheer impossibility for him to ignore human nature. If the economist borrows his conception of man from psychologist, his constructive work may have some chance of remaining purely economic in character. But if he does not, he will force himself to make his own, and it will be bad psychology." John Maurice Clark, 20th Century This paper studies behavioral finance in Dubai Financial Market, UAE, through a survey collection method. While referring to the previous work done by economists and psychologists on behavioral finance, it tries to assess the investor population of Dubai in UAE. Overconfidence is the main highlight of this dissertation, and its effects are studied on investment decisions of the two genders. Dubai Financial Market is generally concluded to be a relatively confident (overconfident) market in the region, and the psyche of men and women participating in it are not following a cliché of the Arab world; Women investors are not less confident than men investors, do not under-estimate their skills. Male investors are however known to prefer more of short-term investments, have more market optimism, trade more frequently with a less degree of risk aversion, and experience a higher tendency to review their past portfolios compared to women.
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network_name_str The British University in Dubai repository
oai_identifier_str oai:bspace.buid.ac.ae:1234/533
publishDate 2012
publisher.none.fl_str_mv The British University in Dubai (BUiD)
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spelling Investor psychology: a study of investors’ overconfidence in Dubai financial market, UAEMoeini, Kimia Amirinvestor psychologyfinancial marketDubaiUnited Arab Emirates (UAE)Arab world"The economist may attempt to ignore psychology, but it is sheer impossibility for him to ignore human nature. If the economist borrows his conception of man from psychologist, his constructive work may have some chance of remaining purely economic in character. But if he does not, he will force himself to make his own, and it will be bad psychology." John Maurice Clark, 20th Century This paper studies behavioral finance in Dubai Financial Market, UAE, through a survey collection method. While referring to the previous work done by economists and psychologists on behavioral finance, it tries to assess the investor population of Dubai in UAE. Overconfidence is the main highlight of this dissertation, and its effects are studied on investment decisions of the two genders. Dubai Financial Market is generally concluded to be a relatively confident (overconfident) market in the region, and the psyche of men and women participating in it are not following a cliché of the Arab world; Women investors are not less confident than men investors, do not under-estimate their skills. Male investors are however known to prefer more of short-term investments, have more market optimism, trade more frequently with a less degree of risk aversion, and experience a higher tendency to review their past portfolios compared to women.The British University in Dubai (BUiD)2014-02-10T11:47:29Z2014-02-10T11:47:29Z2012-05Dissertationapplication/pdf80010http://bspace.buid.ac.ae/handle/1234/533enoai:bspace.buid.ac.ae:1234/5332021-10-06T12:49:57Z
spellingShingle Investor psychology: a study of investors’ overconfidence in Dubai financial market, UAE
Moeini, Kimia Amir
investor psychology
financial market
Dubai
United Arab Emirates (UAE)
Arab world
title Investor psychology: a study of investors’ overconfidence in Dubai financial market, UAE
title_full Investor psychology: a study of investors’ overconfidence in Dubai financial market, UAE
title_fullStr Investor psychology: a study of investors’ overconfidence in Dubai financial market, UAE
title_full_unstemmed Investor psychology: a study of investors’ overconfidence in Dubai financial market, UAE
title_short Investor psychology: a study of investors’ overconfidence in Dubai financial market, UAE
title_sort Investor psychology: a study of investors’ overconfidence in Dubai financial market, UAE
topic investor psychology
financial market
Dubai
United Arab Emirates (UAE)
Arab world
url http://bspace.buid.ac.ae/handle/1234/533