Titulo:
Economy, psychology and stock investment: analysis of variables that participate in the process of decision making
.
Guardado en:
2011-2084
2011-7922
5
2012-06-30
5
17
International Journal of Psychological Research - 2012
info:eu-repo/semantics/openAccess
http://purl.org/coar/access_right/c_abf2
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metarevistapublica_unisanbuenaventura_internationaljournalofpsychologicalresearch_21_article_744 |
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Economy, psychology and stock investment: analysis of variables that participate in the process of decision making Economy, psychology and stock investment: analysis of variables that participate in the process of decision making The ININBE questionnaire has been recently validated in order to measure the variables that affect individual investor behavior in stock exchange. The lack of information about the methodology, items selection and psychometric properties of the instruments used in other researches has shown the necessary to elaborate and validate a questionnaire. In the present work we have applied the ININBE questionnaire to 257 individual investors. We have found interesting results about the relationship between the “psychological” and “economical” variables with individual investor’s characteristics. Pascual Ezama, David Gil-Gómez De Liaño, Beatriz Scandroglio, Barbara Individual investor economy psychology economic psychology make decisions 5 1 Artículo de revista Journal article 2012-06-30T00:00:00Z 2012-06-30T00:00:00Z 2012-06-30 application/pdf Universidad San Buenaventura - USB (Colombia) International Journal of Psychological Research 2011-2084 2011-7922 https://revistas.usb.edu.co/index.php/IJPR/article/view/744 10.21500/20112084.744 https://doi.org/10.21500/20112084.744 eng https://creativecommons.org/licenses/by-nc-sa/4.0/ International Journal of Psychological Research - 2012 5 17 Benartzi, S. & Thaler, R. H. (2001). Naive diversification strategies in defined contribution saving plans. The American Economic Review, 91(1), 79-98. Blume, M. E. & Friend, I. (1978). The changing role of the individual investor: A twentieth century fund report. New York: Wiley. Brown, J. R. & Weisbenner, S. J. (2007). Who chooses defined contribution plans? National Bureau of Economic Research, The latest working papers. Retrieved from http://www.nber.org/papers/w12842 Cohn, R. A., Lewellen, W. G., Lease, R. C., & Schlarbaum, G. G. (1975). Individual Investor Risk Aversion and Investment Portfolio Composition. Journal of Finance, 30(2), 605-620. De Miguel, V., Garlappi, L., & Uppal, R. (2007). Optimal versus naive diversification: How inefficient is the 1/n portfolio strategy? The review of financial studies, 22(15), 1915-1953. Goetzmann, W. N. & Kumar, A. (2001). Equity portfolio diversification. NBER Working Paper Series, December. https://revistas.usb.edu.co/index.php/IJPR/article/download/744/545 info:eu-repo/semantics/article http://purl.org/coar/resource_type/c_6501 info:eu-repo/semantics/publishedVersion http://purl.org/coar/version/c_970fb48d4fbd8a85 info:eu-repo/semantics/openAccess http://purl.org/coar/access_right/c_abf2 Text Publication |
| institution |
UNIVERSIDAD DE SAN BUENAVENTURA |
| thumbnail |
https://nuevo.metarevistas.org/UNIVERSIDADDESANBUENAVENTURA_COLOMBIA/logo.png |
| country_str |
Colombia |
| collection |
International Journal of Psychological Research |
| title |
Economy, psychology and stock investment: analysis of variables that participate in the process of decision making |
| spellingShingle |
Economy, psychology and stock investment: analysis of variables that participate in the process of decision making Pascual Ezama, David Gil-Gómez De Liaño, Beatriz Scandroglio, Barbara Individual investor economy psychology economic psychology make decisions |
| title_short |
Economy, psychology and stock investment: analysis of variables that participate in the process of decision making |
| title_full |
Economy, psychology and stock investment: analysis of variables that participate in the process of decision making |
| title_fullStr |
Economy, psychology and stock investment: analysis of variables that participate in the process of decision making |
| title_full_unstemmed |
Economy, psychology and stock investment: analysis of variables that participate in the process of decision making |
| title_sort |
economy, psychology and stock investment: analysis of variables that participate in the process of decision making |
| description_eng |
The ININBE questionnaire has been recently validated in order to measure the variables that affect individual investor behavior in stock exchange. The lack of information about the methodology, items selection and psychometric properties of the instruments used in other researches has shown the necessary to elaborate and validate a questionnaire. In the present work we have applied the ININBE questionnaire to 257 individual investors. We have found interesting results about the relationship between the “psychological” and “economical” variables with individual investor’s characteristics.
|
| author |
Pascual Ezama, David Gil-Gómez De Liaño, Beatriz Scandroglio, Barbara |
| author_facet |
Pascual Ezama, David Gil-Gómez De Liaño, Beatriz Scandroglio, Barbara |
| topic |
Individual investor economy psychology economic psychology make decisions |
| topic_facet |
Individual investor economy psychology economic psychology make decisions |
| citationvolume |
5 |
| citationissue |
1 |
| publisher |
Universidad San Buenaventura - USB (Colombia) |
| ispartofjournal |
International Journal of Psychological Research |
| source |
https://revistas.usb.edu.co/index.php/IJPR/article/view/744 |
| language |
eng |
| format |
Article |
| rights |
https://creativecommons.org/licenses/by-nc-sa/4.0/ International Journal of Psychological Research - 2012 info:eu-repo/semantics/openAccess http://purl.org/coar/access_right/c_abf2 |
| references_eng |
Benartzi, S. & Thaler, R. H. (2001). Naive diversification strategies in defined contribution saving plans. The American Economic Review, 91(1), 79-98. Blume, M. E. & Friend, I. (1978). The changing role of the individual investor: A twentieth century fund report. New York: Wiley. Brown, J. R. & Weisbenner, S. J. (2007). Who chooses defined contribution plans? National Bureau of Economic Research, The latest working papers. Retrieved from http://www.nber.org/papers/w12842 Cohn, R. A., Lewellen, W. G., Lease, R. C., & Schlarbaum, G. G. (1975). Individual Investor Risk Aversion and Investment Portfolio Composition. Journal of Finance, 30(2), 605-620. De Miguel, V., Garlappi, L., & Uppal, R. (2007). Optimal versus naive diversification: How inefficient is the 1/n portfolio strategy? The review of financial studies, 22(15), 1915-1953. Goetzmann, W. N. & Kumar, A. (2001). Equity portfolio diversification. NBER Working Paper Series, December. |
| type_driver |
info:eu-repo/semantics/article |
| type_coar |
http://purl.org/coar/resource_type/c_6501 |
| type_version |
info:eu-repo/semantics/publishedVersion |
| type_coarversion |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| type_content |
Text |
| publishDate |
2012-06-30 |
| date_accessioned |
2012-06-30T00:00:00Z |
| date_available |
2012-06-30T00:00:00Z |
| url |
https://revistas.usb.edu.co/index.php/IJPR/article/view/744 |
| url_doi |
https://doi.org/10.21500/20112084.744 |
| issn |
2011-2084 |
| eissn |
2011-7922 |
| doi |
10.21500/20112084.744 |
| citationstartpage |
5 |
| citationendpage |
17 |
| url2_str_mv |
https://revistas.usb.edu.co/index.php/IJPR/article/download/744/545 |
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1811200829057662976 |