This study aims to analyze the influence of financial literacy, experience, self-efficacy and risk tolerance on investment decisions mediated by behavior. The population in this were local individual investors Indonesian Capital Market. Sample selection was carried out using purposive sampling techniques. sample used 300 samples. data analysis techniques are descriptive statistical analysis, in...

Recent literature on optimal investment has stressed the difference between the impact of risk and the impact of ambiguity also called Knightian uncertainty on investors’ decisions. In this paper, we show that a decision maker’s attitude towards ambiguity is similarly crucial for investment decisions. We capture the investor’s individual ambiguity attitude by applying α-MEU preferences to a sta...

There is continuing interest in understanding factors that facilitate the evolution and stability of cooperation within and between species. Such interactions will often involve plasticity in investment behavior, in response to the interacting partner's investments. Our aim here is to investigate the evolution and stability of reciprocal investment behavior in interspecific interactions, a key ...