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http://dx.doi.org/10.13106/jafeb.2021.vol8.no1.285

Behavioral Investor Types and Financial Market Players in Oman  

SHA, Nadia (Department of Finance and Economics, CCBA, Dhofar University)
ISMAIL, Mohammed Yousoof (Department of Management Information System, CCBA, Dhofar University)
Publication Information
The Journal of Asian Finance, Economics and Business / v.8, no.1, 2021 , pp. 285-294 More about this Journal
Abstract
The most basic forces of stock market are supply and demand, which increases or decreases on the basis of information. The crucial point is that investor's perception is depending on the availability of information at a particular time. But it is very difficult to understand what they take from a piece of information, and the decision varies from person to person; hence, it is important to understand the behavior of investors in the stock market. In this context, this study is focusing on behavioral investor-type diagnosis testing among financial market players (FMPs) in Oman. The study conducted a review of behavioral types among stock market investors, and attempted to assess the influence of age and gender factors on investor bias. It classifies investor type biases according to the gender and age of respondents. This study employs primary data with a structured questionnaire distributed to an equal number of male and female stock market investors in Muscat Securities Market. The study used sample t-test, one-way ANOVA, CATPCA and ALSCAL to identify the significant difference among age, gender and experience of the respondents. The present study found that all of the investors are influenced by different cognitive biases and, moreover, it depends on investor's gender.
Keywords
Behavioral Bias; Behavioral Investor Types; Financial Market Players; Gender-Age Differentiation; Cognitive Bias;
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