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  • 标题:Personality Dimensions And Measures Of Risk Tolerance: Variance/Skew And Scenario Response Assessment
  • 本地全文:下载
  • 作者:Greg Filbeck ; Patricia Hatfield ; Philip Horvath
  • 期刊名称:Journal of Business & Economics Research
  • 印刷版ISSN:1542-4448
  • 电子版ISSN:2157-8893
  • 出版年度:2011
  • 卷号:7
  • 期号:9
  • 语种:English
  • 出版社:The Clute Institute for Academic Research
  • 摘要:In this paper, we explore the relationship between dimensions of the Myers-Briggs Type Indicator (MBTI) and individual investor ex-ante risk tolerance. Ex-ante risk tolerance is measured using ex-ante variance and skew tolerance measures as well as industry-like Scenario Response Assessment (SRA). Our study uses survey results to relate these measures of ex-ante risk tolerance to MBTI measures. Our results indicate that personality dimensions do explain many SRA measures of individual ex-ante risk tolerance and further suggest that the relationship between personality dimensions and the industry-like individual ex-ante risk tolerance measures are generally complex and non-linear in form. Finally, our results find fewer, but still complex and non-linear, relationships between variance/skew ex-ante risk tolerance measures.
  • 关键词:Portfolio Choice;Investment Decisions
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