Financial decision-making power and risk taking
We find that financial decision-making power per se is significant in explaining individuals’ objective risk-taking behavior and subjective risk attitude. More importantly, we show that this decision power attenuates the correlation between subjective risk attitude and objective risk taking. These r...
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| Định dạng: | Journal Article |
| Ngôn ngữ: | English |
| Thông tin xuất bản: |
Elsevier B.V.
2021
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| Truy cập trực tuyến: | http://digital.lib.ueh.edu.vn/handle/UEH/61837 https://doi.org/10.1016/j.econlet.2021.109999 |
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oai:localhost:UEH-618372021-08-20T14:47:27Z Financial decision-making power and risk taking Phung T.M.T. Tran Q.N. Nguyen N.H. Nguyen T.H. Decision making Household Investment behavior Risk taking We find that financial decision-making power per se is significant in explaining individuals’ objective risk-taking behavior and subjective risk attitude. More importantly, we show that this decision power attenuates the correlation between subjective risk attitude and objective risk taking. These results are significant in understanding the important role of decision-making power in individual risk-taking behavior. 2021-08-20T14:47:26Z 2021-08-20T14:47:26Z 2021 Journal Article 0165-1765 http://digital.lib.ueh.edu.vn/handle/UEH/61837 https://doi.org/10.1016/j.econlet.2021.109999 en Economics Letters Vol. 206 none Portable Document Format (PDF) Elsevier B.V. |
| institution |
Đại học Kinh tế Thành phố Hồ Chí Minh |
| collection |
DSpaceUEH |
| language |
English |
| topic |
Decision making Household Investment behavior Risk taking |
| spellingShingle |
Decision making Household Investment behavior Risk taking Phung T.M.T. Financial decision-making power and risk taking |
| description |
We find that financial decision-making power per se is significant in explaining individuals’ objective risk-taking behavior and subjective risk attitude. More importantly, we show that this decision power attenuates the correlation between subjective risk attitude and objective risk taking. These results are significant in understanding the important role of decision-making power in individual risk-taking behavior. |
| author2 |
Tran Q.N. |
| author_facet |
Tran Q.N. Phung T.M.T. |
| format |
Journal Article |
| author |
Phung T.M.T. |
| author_sort |
Phung T.M.T. |
| title |
Financial decision-making power and risk taking |
| title_short |
Financial decision-making power and risk taking |
| title_full |
Financial decision-making power and risk taking |
| title_fullStr |
Financial decision-making power and risk taking |
| title_full_unstemmed |
Financial decision-making power and risk taking |
| title_sort |
financial decision-making power and risk taking |
| publisher |
Elsevier B.V. |
| publishDate |
2021 |
| url |
http://digital.lib.ueh.edu.vn/handle/UEH/61837 https://doi.org/10.1016/j.econlet.2021.109999 |
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AT phungtmt financialdecisionmakingpowerandrisktaking |
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