Results 11 to 20 of about 158,590 (158)
Overconfidence and Financial Risk Tolerance in Older Age. [PDF]
J Gerontol B Psychol Sci Soc SciExcessive financial risk taking in older age can have harmful consequences as opportunities to recover lost wealth are limited. Understanding financial risk taking in older age is important for identifying vulnerabilities and developing interventions to empower aging investors to make wise financial choices. In this paper, we explore how overconfidence
Frank CC +6 more
europepmc +4 more sources
Effects of Health and Longevity on Financial Risk Tolerance [PDF]
The Geneva Risk and Insurance Review, 2009 We investigate the effects of health and life expectancy on tolerance of financial risk. Using a standard life-cycle model, we find that the effects of health and life expectancy on preferences over lifetime-income risk are theoretically ambiguous.
Hammitt, James K. +2 more
openaire +6 more sources
ON THE LINKAGE BETWEEN FINANCIAL RISK TOLERANCE AND RISK AVERSION [PDF]
Journal of Financial Research, 2008 AbstractWe explore the linkage between financial risk tolerance (FRT) and risk aversion. To do this, we obtain FRT scores from a psychometrically validated survey and conduct a battery of online lottery choice experiments involving the same nonstudent participants.
Faff, Robert (R18017) +2 more
openaire +5 more sources
The impact of financial literacy and financial interest on risk tolerance
Journal of Behavioral and Experimental Finance, 2021 Abstract We investigate and compare the effects of financial literacy and financial interest on risk tolerance, evaluating not only at the means, but also the whole distribution. We use a unique sample of 12,156 Swedish bank customers combining bank-register data with survey data.
Hermansson, Cecilia, Jonsson, Sara
openaire +2 more sources
Journal of Accounting Research, Organization and Economics, 2021 Objective – This study aims to prove empirically about the prediction of financial satisfaction models based on financial knowledge and socio-economic factors of finance by taking into account financial risk tolerance and financial behavior.
Yuliani Yuliani +3 more
doaj +1 more source
Financial Services Review, 2013 Using data from a survey alliance between Kiplinger's Personal Finance Magazine, PBS's Nightly Business Report, and FinaMetrica, this study explores various demographical and attitudinal factors related to financial risk tolerance. Investigating risk tolerance scores of more than 2,000 individuals immediately after the 2008 Global Financial Crisis, we ...
Ryan Gibson +2 more
openaire +1 more source
Cogent Psychology, 2020 To advise investors on the financial market according to their financial risk tolerance it is necessary to apply a valid and reliable instrument measuring financial risk tolerance.
Ingrid Wahl, Erich Kirchler
doaj +1 more source
PENGARUH LITERASI KEUANGAN DAN RISK TOLERANCE TERHADAP KEPUTUSAN INVESTASI
Journal of Management and Accounting, 2023 Investment decision is a person's decision to allocate funds to a certain asset with the aim of obtaining profits in the future. This research aims to examine the influence of financial literacy and risk tolerance on investment decisions.
Sherli Wahyuni Dwi Afriani +2 more
doaj +1 more source
Understanding Financial Risk Tolerance
, 2022 This book focuses on the contribution of financial risk tolerance in shaping the workings of financial markets. It combines very different views to understand how this concept, lying at the crossroads of different domains of study and practice, including financial regulation, scholarly studies, and financial advisory practice, has been formalized over ...
Caterina Cruciani +2 more
openaire +2 more sources
Foundations of Management, 2018 To enhance the portfolio allocation process, individuals need to understand their financial ability and psychological willingness to tolerate risks. To do this, their risk tolerance level must be quantified.
Ramudzuli Pfano Michael +1 more
doaj +1 more source