Aspects Of Bias In Credit Decisions For Employees Of The Mollucan Christian University Of Indonesian

Abstract

Credit is one source of external funding for all individuals who have and are limited to achieving their goals. However, in reality, individuals can make mistakes or biases in making credit decisions. Often individuals do not realize that the psychological factors that exist in each one play an important role in making credit decisions.

            The purpose of this study is to analyze whether the bias aspect can have an influence on credit decision making for Indonesian Christian University Maluku employees in Ambon City. The bias factors used in this study are excessive optimism, over confidence, confirmation, and illusion of control.

To achieve the goal, the method used is logistic regression with existing primary data. The results of the logistic regression test show that the aspects of excessive optimism, overconvidence, confirmation bias, illusion of control have no significant effect on credit decision making for Indonesian Christian University Maluku employees.