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Investment risk – The perspective of individual investors

Author

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  • Sachse, Katharina
  • Jungermann, Helmut
  • Belting, Julia M.

Abstract

The aim of the research presented in this paper is to investigate the perceived investment risk of lay investors. Two surveys were conducted to examine the financial risk perception of German individual investors (N=119 in study 1; N=171 in study 2). Participants were asked to rate the risk and several aspects of different types of investment products (e.g. shares and bank savings books).

Suggested Citation

  • Sachse, Katharina & Jungermann, Helmut & Belting, Julia M., 2012. "Investment risk – The perspective of individual investors," Journal of Economic Psychology, Elsevier, vol. 33(3), pages 437-447.
    • Handle: RePEc:eee:joepsy:v:33:y:2012:i:3:p:437-447
    DOI: 10.1016/j.joep.2011.12.006
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    References listed on IDEAS

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    More about this item

    Keywords

    Perceived risk; Investment decisions; Individual investors; Investment risk perception;
    All these keywords.

    JEL classification:

    • D - Microeconomics
    • D - Microeconomics

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