Chronic Regulatory Focus and Financial Decision-Making

Asset and Portfolio Allocation
1. Auflage 2016
ISBN: 978-981-287-693-5
Verlag: Springer Nature Singapore

Buch, Englisch, 89 Seiten, Paperback, Format (B × H): 155 mm x 235 mm, Gewicht: 1708 g

Reihe: SpringerBriefs in Finance

In this book, the relationship between financial decision-making and chronic regulatory focus is explored to provide a better understanding of consumer decisions. Financial decisions are modelled on the basis of assets and portfolios sensitive to particular regulatory foci. Studies in the book test whether participants select assets/portfolios that conform to their respective foci. In addition, given that gender, age and education can shape financial decisions, further hypotheses are put forth to explore whether these are related to asset and portfolio selection and regulatory focus. As consumers tend to make financial decisions prior to priming, this book diverts from previous research involving primed states of regulatory focus and instead explores the chronic state. The study employs two complementary instruments, the eye tracker and self-report, to explicate the hypotheses. As the main hypotheses were not supported, the author posits that the harsh worldwide financial climate may have acted as an external influence, moving participants to select assets and portfolios not aligned with their foci. This study marks a valuable contribution to the current literature concerning financial decision-making, the underlying motivational systems and external influences, and will promote further research in these areas. It offers an essential resource for academics and students interested in how regulatory focus interacts with financial decisions and the overarching economic climate.

Zielgruppe

Research

Autoren/Hrsg.

Kumar, Navin

Fachgebiete

• Sozialwissenschaften Psychologie Psychologische Disziplinen Umwelt-, Konsum- und Werbepsychologie
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Marketing

Inhaltsverzeichnis

Chapter 1: Introduction.- Chapter 2: Literature review.- Chapter 3: Theoretical framework.- Chapter 4: Research methodology.- Chapter 5: Results.- Chapter 6: General discussion.- Chapter 7: Conclusion.- Appendix.- References.

Über Autor(innen)

Navin Kumar is a graduate student at the Queensland University of Technology. His research interests lie in criminology/deviance, specifically how deviant groups and industries function.