Research Article
The Difference of Cognitive Bias and Emotional Bias (Study Literature in Management Science)
@INPROCEEDINGS{10.4108/eai.11-10-2021.2319519, author={Abdurokhim Abdurokhim and Ikin Solikin and Heny Hendrayati}, title={The Difference of Cognitive Bias and Emotional Bias (Study Literature in Management Science)}, proceedings={Proceedings of the 6th Batusangkar International Conference, BIC 2021, 11 - 12 October, 2021, Batusangkar-West Sumatra, Indonesia}, publisher={EAI}, proceedings_a={BIC}, year={2022}, month={8}, keywords={cognitive bias; emotional bias; behavioral finance}, doi={10.4108/eai.11-10-2021.2319519} }- Abdurokhim Abdurokhim
Ikin Solikin
Heny Hendrayati
Year: 2022
The Difference of Cognitive Bias and Emotional Bias (Study Literature in Management Science)
BIC
EAI
DOI: 10.4108/eai.11-10-2021.2319519
Abstract
Behavioral bias is a tendency of prediction error. Behavioral bias consists of cognitive and emotional factors from within each individual that can influence it in making investment decisions. Infact in previous studies where cognitive bias and individual personality are interrelated. The purpose of this study is to see the difference between cognitive bias and emotional bias. Qualitative research method with library research design. The data collection technique used is dealing directly with the text and not from the field or eyewitnesses. The results showed that there was a difference between cognitive bias and emotional bias. Understanding Cognitive bias or cognitive bias is a systematic bias in decision making that arises from how to obtain information. Emotional bias, an impulse is more than a reasonable calculation to act that involves deep activities and changes and is accompanied by strong feelings.