虚拟社区中在线投资者的确认偏差研究

Q4 Economics, Econometrics and Finance

International Journal of Electronic Finance Pub Date : 2021-06-11 DOI:10.1504/IJEF.2021.115647

Bhoomika Trehan, A. Sinha

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引用次数: 4

摘要

本研究的目的是调查参与虚拟社区的在线投资者是否存在确认偏差。它进一步考察了影响确认偏差的因素，如感知知识、投资经验和性别。在虚拟社区中，两类参与者被确定为“知识寻求者”和“知识贡献者”。使用结构化问卷进行了在线调查，并应用相关统计工具对数据进行了分析。与投资相关的虚拟社区被发现是股票市场相关新闻和投资想法的重要来源。研究结果表明，在线投资者在加入虚拟社区寻求证实其先前信仰和观点的信息时，会表现出确认偏见。这些数据是从在线投资者互动和讨论投资交易的在线聊天室收集的。由于许多投资者在网上投资时没有听取财务建议和指导，他们的投资选择取决于他们的直觉和知识。因此，这项研究对投资者和投资顾问都具有极其重要的意义。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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A study of confirmation bias among online investors in virtual communities

The purpose of this study is to investigate the existence of confirmation bias among online investors participating in virtual communities. It further examines the factors such as perceived knowledge, investment experience, and gender that influence the confirmation bias. In the virtual communities, two types of participants were identified 'knowledge seekers' and 'knowledge contributors'. An online survey was conducted using structured questionnaire and the data was analysed with the application of relevant statistical tools. Investment-related virtual communities were found to be a great source of stock market-related news and investment ideas. The findings indicate that online investors exhibit confirmation bias as they join virtual communities to seek information that confirms their previous beliefs and opinions. The data was collected from online chat rooms where online investors interact and discuss investment trades. As many investors invest online without taking financial advice and guidance, their investment choices depend on their instinct and knowledge. Therefore, this study is of immense importance for both investors and investment advisors.

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来源期刊

International Journal of Electronic Finance Business, Management and Accounting-Management of Technology and Innovation

CiteScore

1.20

自引率

0.00%

发文量

期刊介绍： IJEF publishes articles that present current practice and research in the area of e-finance. It is dedicated to design, development, management, implementation, technology, and application issues in e-finance. Topics covered include: -E-business and IT/IS investment -E-banking/m-banking strategy/implementation -Digitisation in financial supply chain -[E-]auditing, e-taxation, e-cash flow -Customer channel management -Data mining/warehousing -E-lending/e-payment/e-procurement -Cultural/social/political issues -E-trading/online auctions -Knowledge management -Business intelligence -E-government regulation -Security/privacy/trust -IT risk analysis -Human-computer interaction