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Construction and Validation of Neurotransmitters Scale

Author

Listed:
  • Mumtaz Ahmad

    (Assistant Professor, Department of Commerce, The Islamia University of Bahawalpur, Punjab, Pakistan.)

  • Asma Tahir

    (Assistant Professor, Department of Statistics, Forman Christian College University, Lahore, Punjab, Pakistan)

  • Nadeem Sohail

    (Director, Government College University, Faisalabad, Punjab, Pakistan.)

Abstract

In this research, we visit literature directed seven steps procedure of scale development and incorporate it in studying dopamine, serotonin, epinephrine and norepinephrine and thus finalized 16 items neurotransmitters scale. We incorporated 6 samples for construction of reliable multi-aspect questionnaire that imitated across the samples. We confirm the content adequacy qualitatively and quantitatively including discriminant and convergent validity. We also established the criterion-related validity through the instrument’s relation with measures of behavioral aspects of individual investors. This research proposes that the neurotransmitters scale is valid and reliable. Neurotransmitters as dopamine, serotonin, epinephrine and norepinephrine have significant use for individual stock markets investors. This investigators hope that the corroborated scale is reliable as well as valid and will be appropriate to utilize in upcoming studies of neurofinance.

Suggested Citation

  • Mumtaz Ahmad & Asma Tahir & Nadeem Sohail, 2018. "Construction and Validation of Neurotransmitters Scale," Global Social Sciences Review, Humanity Only, vol. 3(4), pages 228-253, December.
    • Handle: RePEc:gss:journl:v:3:y:2018:i:4:p:228-253
    DOI: 10.31703/gssr.2018(III-IV).16
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    References listed on IDEAS

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    Cited by:

    1. Anum Khan & Muhammad Shujaat Mubarik, 2022. "Measuring the role of neurotransmitters in investment decision: A proposed constructs," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 258-274, January.

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    More about this item

    Keywords

    Neurofinance; Behavioral Finance; Neurotransmitters;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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