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Optimum Journal of Economics and Management Sciences
Article . 2025 . Peer-reviewed
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Debiasing the Investment Decision-making Through Positive Psychology

Authors: Tarana Azimova; Burcu Aydın Küçük;

Debiasing the Investment Decision-making Through Positive Psychology

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.

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Keywords

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)

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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