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Journals / Journal of Life Economics / 2019 / Cilt: 6 - Sayı: 4

THE EFFECTS OF EMOTIONS ON RISK AVERSION BEHAVIOR

Selim AREN
A. Berrak KÖTEN
Pages
421–436
Publication Date
2019-10-30
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The study makes an important contribution to the literature on the effects of basic emotions on risky investment intent.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study investigates the effects of basic emotions like fear, sadness, anger, and hope on risk aversion and the intent to make a risky investment.
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Key Findings & Data:The data used in the study in 2017 were obtained through convenience sampling.
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Conclusion & Impact:The study makes an important contribution to the literature on the effects of basic emotions on risky investment intent.
🔬Design:Research Article
📍Scope:2017 Verileri
⚙️Variables:Risk aversion · risky investment intention · fear

Abstract

This study investigates the effects of basic emotions like fear, sadness, anger, and hope on risk aversion and the intent to make a risky investment. The data used in the study in 2017 were obtained through convenience sampling. A relationship was found between fear and risk aversion and between risk aversion and the intent to make a risky investment. Both objective and subjective financial literacy affect the relationship between fear and risk aversion, while the latter significantly affects sadness. The study makes an important contribution to the literature on the effects of basic emotions on risky investment intent.

Özet

This study investigates the effects of basic emotions like fear, sadness, anger, and hope on risk aversion and the intent to make a risky investment. The data used in the study in 2017 were obtained through convenience sampling. A relationship was found between fear and risk aversion and between risk aversion and the intent to make a risky investment. Both objective and subjective financial literacy affect the relationship between fear and risk aversion, while the latter significantly affects sadness. The study makes an important contribution to the literature on the effects of basic emotions on risky investment intent.

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Cite This Article

AREN, S., KÖTEN, A. B. (2019). THE EFFECTS OF EMOTIONS ON RISK AVERSION BEHAVIOR. Journal of Life Economics, Cilt: 6 - Sayı: 4, 421–436. https://ajindex.com/articles/2450

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