Behavioral Bias, Robo-Advisory, and Trading Decisions on Millennial Investors in Surabaya, Indonesia

Dublin Core

Title

Behavioral Bias, Robo-Advisory, and Trading Decisions on Millennial Investors in Surabaya, Indonesia

Creator

Bertha Silvia Sutejo, Kususanto Ditto Prihadi

Proceedings Item Type Metadata

meta_title

Behavioral Bias, Robo-Advisory, and Trading Decisions on Millennial Investors in Surabaya, Indonesia

Abstract/Description

This study explores the effect of overconfidence and herding on trading decisions among millennial investors in Surabaya, and examines the moderating role of Robo-advisory. Findings show behavioral biases significantly affect trading decisions, while Robo-advisory has no moderating effect.

publication_date

2025/06/15

pdf_url

https://insyma.org/proceedings/files/articles/bertha_sutejo.pdf

abstract_html_url

https://insyma.org/proceedings/items/show/334

keywords

Behavioral bias, overconfidence, herding effect, Robo-advisory, trading decision

firstpage

133

lastpage

139

issn

3047-857X

conference

Proceedings of the International Symposium on Management (INSYMA)

Volume

22

publisher_name

Fakultas Bisnis dan Ekonomika, Universitas Surabaya

Author #1

Bertha Silvia Sutejo

Author #2

Kususanto Ditto Prihadi

no article

23

authors

Bertha Silvia Sutejo, Kususanto Ditto Prihadi

Files

bertha_sutejo.pdf

Citation

Bertha Silvia Sutejo, Kususanto Ditto Prihadi, “Behavioral Bias, Robo-Advisory, and Trading Decisions on Millennial Investors in Surabaya, Indonesia,” Proceedings of the International Symposium on Management (INSYMA), accessed July 1, 2025, https://insyma.org/proceedings/items/show/334.

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