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International Journal of Reviews and Research in Social Sciences
Year : 2024, Volume : 12, Issue : 4
First page : ( 228) Last page : ( 232)
Print ISSN : 2347-5145. Online ISSN : 2454-2687.
Article DOI : 10.52711/2454-2687.2024.00039

Is there any impact of overconfidence bias on investment decision making? An investigation among the women investors of India

Sengupta Sanhati1,*, Mitra Sarbani2,**

1Charulata Apartment 35/1 E, Gopal Mishra Road New Park Behala (Near Sukanta Salon)Kolkata, West Bengal, 700034

2IISWBM Management House College, Square West, Kolkata-700 073

*Corresponding Author E-mail: sanghatisngpt1@gmail.com

**sarbani_iiswbm@yahoo.co.in

Online published on 18 April, 2025.

Abstract

Previous research on human decision-making has revealed a reliance on environmental cues, intuition, routines, and cognitive biases, leading to potentially suboptimal choices by investors. This study's primary objective is to investigate emotional biases in women's investment decision-making, particularly focusing on overconfidence bias. The aim is to elucidate the impact of overconfidence on the performance and decisions of individual investors participating in the Indian stock market. Central to this study is understanding investing behaviour, given its substantial influence on decision-making. The study's findings indicate a correlation between overconfidence bias, risk tolerance, and investment choices.

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Keywords

Overconfidence Bias, Risk Tolerance, Women Investment, Investment Decision, Stock Market.

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