Article2009

Interplay of Investors' Financial Knowledge and Risk Taking

148 citations0/0 files storedJournal of Behavioral Finance

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Financial Literacy, Pension, Retirement Analysis Decision-Making and Behavioral Economics Financial Literacy and Behavior

Abstract

There are many possible explanations for the financial behavior of investors. One of the explanations is financial knowledge. Using a survey data, this study demonstrates that, at least for investors, their objective knowledge, subjective knowledge, and risk taking are highly correlated. More importantly, gender emerges as an important factor that differentiates investors' levels of objective knowledge, subjective knowledge, and risk taking, whereas investors' subjective knowledge mediates investors' objective knowledge on risk taking.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 148 citations exist upstream.

References

1987Dimensions of Consumer Expertise 1994The Persuasion Knowledge Model: How People Cope with Persuasion Attempts 1999Gender differences in risk taking: A meta-analysis.1983Advances in Consumer Research 1988The Role of Involvement in Attention and Comprehension Processes 1985The Effects of Product Class Knowledge on Information Search Behavior 1998An Analysis of Personal Financial Literacy Among College Students 2003Household Financial Management: The Connection between Knowledge and Behavior

Cited by

2016Psychological determinants of financial buffer saving: the influence of financial risk tolerance and regulatory focus 2016Impact of Financial Literacy on the Behavioral Biases of Individual Stock Investors: Evidence from Borsa Istanbul 2018Role of financial risk attitude and financial behavior as mediators in financial satisfaction 2016How Knowledge and Financial Self-Efficacy Moderate the Relationship between Money Attitudes and Personal Financial Management Behavior 2018A Feminist Review of Behavioral Economic Research on Gender Differences

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.