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Dergiler / Journal of Economics Finance and Accounting / 2024 / Volume: 11 Issue: 2

EXPLORING THE INTERPLAY BETWEEN SENSATION SEEKING, BIOLOGICAL INDICATORS, AND FINANCIAL RISK-TAKING BEHAVIOR: A DIGITAL RESEARCH PERSPECTIVE

Emin Avcı(MARMARA UNIVERSITY)0000-0003-3172-897X
Aydin Erden(MARMARA UNIVERSITY)0000-0002-5124-8335
Murat Çinko(MARMARA UNIVERSITY)0000-0001-8560-7482
Sayfa
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Yayın Tarihi
2024-12-31
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

The study contributes to the understanding of how psychological traits and biological factors jointly influence financial decision-making.

📌 3 Maddede Bu Makale

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Amaç & Hipotez:Purpose- This study investigates the complex relationship between sensation-seeking, biological indicators, and financial risk-taking behavior.
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Temel Bulgular & Veri:Biological indicators, specifically the 2D:4D ratio, are used to categorize individuals as risk-averse, risk-neutral, or risk-lover.
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Sonuç & Katkı:The study contributes to the understanding of how psychological traits and biological factors jointly influence financial decision-making.
🔬Tür:Research Article
📍Kapsam:Genişletilmiş Akademik Örneklem
⚙️Değişkenler:Financial risk-taking · 2D:4D ratio · digital research

Abstract

Purpose- This study investigates the complex relationship between sensation-seeking, biological indicators, and financial risk-taking behavior. Utilizing a digital research approach, the study examines how individual differences in sensation seeking, measured by the Zuckerman Sensation Seeking Scale (SSS-V), correlate with financial risk tolerance. Methodology- Each unit of analysis is categorized as a risk-averse, risk-neutral, and risk-lover according to both biological and probabilistic game attitudes. Biological indicators, specifically the 2D:4D ratio, are used to categorize individuals as risk-averse, risk-neutral, or risk-lover. The research employs a probabilistic lottery game to further classify participants' risk preferences. Findings- Findings reveal that while sensation seeking is generally associated with higher financial risk-taking, the interplay between biological indicators and risk behavior is nuanced. Probabilistic game categorization results indicate that sensational-seeking score not only for total but also for subdimension is not statistically significant. Conclusion- Notably, individuals with higher sensation-seeking scores do not always exhibit higher financial risk tolerance. Biological indicators and probabilistic game classification will indicate the different mean values of the sensational-seeking score. Biological indicators differentiate the mean difference of individuals’ sensational-seeking scores. The study contributes to the understanding of how psychological traits and biological factors jointly influence financial decision-making.

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Bu Makaleye Atıf Yap

Avcı, E., Erden, A., Çinko, M. (2024). EXPLORING THE INTERPLAY BETWEEN SENSATION SEEKING, BIOLOGICAL INDICATORS, AND FINANCIAL RISK-TAKING BEHAVIOR: A DIGITAL RESEARCH PERSPECTIVE. Journal of Economics Finance and Accounting, Volume: 11 Issue: 2. https://doi.org/10.17261/Pressacademia.2024.1955

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