Sulistiawan, Dedhy and Edie Wijaya, Riesanti (2015) The Role of an Expert Recommendation in Group Discussion to Minimize Recency Bias: An Experimental Study in Investing Decision. International Journal of Applied Business and Economic Research, 13 (7). pp. 4933-4943. ISSN 0972-7302
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Sulistiawan, D., & Wijaya, R. E. (2015). The Role of an Expert Recommendation in Group Discussion to Minimize Recency Bias=An Experimental Study in Investing Decision..pdf - Published Version Download (321kB) | Preview |
Abstract
This study investigates the impact of an expert recommendation in group discussion to recency bias in investing decision. Recency bias decreases decision quality. Investors tend to weigh last information than previous ones in investing decision. An important feature of this experimental study is the use of an expert recommendation as an investors’ advisor in a group discussion. This study provides expert-recommendation information in group discussion. That recommendation is expected to influence individual decision of participants in a group discussion. The results give evidence that expert recommendation is useful in group discussion to minimize recency bias. Those findings contribute to recency bias studies in accounting and finance area.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | An expert recommendation, recency bias, group discussion, disclosure |
| Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting |
| Divisions: | Faculty of Business and Economic > Department of Accounting |
| Depositing User: | RIESANTI EDIE WIJAYA, S.E., M.Si., Ak. 200026 - 3196 |
| Date Deposited: | 05 Mar 2019 05:58 |
| Last Modified: | 24 Mar 2021 16:01 |
| URI: | http://repository.ubaya.ac.id/id/eprint/34421 |
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