Framing and Investment Advisers
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 12
Abstract
Framing is defined as an effect, according to which the presentation of an event or prospect affects people's decisions about the specific event or prospect. In the context of stock market decision making and investment choices, it is a heuristic rule which suggests that investors make investing decisions depending on how information and investment choices were presented to them through a stock market process. The present research, investigating the attitudes of 81 Greek registered investment executives towards framing in investing decision making, demonstrated that the way the problem was presented caused a change in the advisors’ decision making. Overall, when investment advisors, whose role is critical to affecting investing decisions, employ frames in decision making, rational thinking is prevented and stock market investment operations are threatened.
Authors and Affiliations
Anastasios D. Konstantinidis, Androniki Katarachia
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