TY  - JOUR
TI  - Korkunun Yatırım Kararları Üzerindeki Etkisinin İncelenmesi ve Psikolojik Faktörler ile Yorumlanması: Türkiye Üzerine Bir Araştırma
AB  - In this study, the effect of fear on investment instruments was examined within the scope of behavioural finance. Türkiye’s Financial Fear Index was calculated as an indicator of fear. Then, its relationship with investment instruments was examined by Zivot-Andrews’s (1992) Unit Root Test, Gregory Hansen’s (1996) Cointegration Test, and Toda-Yamamoto’s (1995) Causality Analysis. As a result of the analysis, it was found that there is a relationship between fear and investment instruments in Türkiye. Emotional and cognitive factors were effective in investment vehicle preferences. The effects of loss aversion, regret avoidance and status quo tendency biases were observed among emotional factors. Among the cognitive factors, it was interpreted that the effect of uncertainty avoidance, herd behaviour and conservatism factors emerged.
AU  - Uğur, Ahmet
AU  - tosun, nergis
DO  - 10.17233/sosyoekonomi.2023.02.15
PY  - 2023
JO  - Sosyoekonomi
VL  - 31
IS  - 56
SN  - 1305-5577
SP  - 325
EP  - 354
DB  - TRDizin
UR  - http://search/yayin/detay/1167279
ER  -