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Isnaini Nuzula Agustin

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Open access Sep 2026

Financial Literacy as a Moderator of Behavioral Biases in Investment Decisions

This study examines how four behavioral biases overconfidence, herding, loss aversion, and mental accounting affect investment decisions among stock investors in Indonesia. Primary data were collected through questionnaires from individual stock investors, yielding 506 responses, of which 400 valid responses were analy...

Johny Budiman, Dewi, Isnaini Nuzula Agustin · 0 citations

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