Are type B investors efficacious? Exploring role of personality in ambidextrous investment decision-making
Author
Abstract
Suggested Citation
DOI: 10.1007/s40622-018-0200-1
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Xu, Yilan & Briley, Daniel A. & Brown, Jeffrey R. & Roberts, Brent W., 2017. "Genetic and environmental influences on household financial distress," Journal of Economic Behavior & Organization, Elsevier, vol. 142(C), pages 404-424.
- Soane, Emma & Dewberry, Chris & Narendran, Sunitha, 2010. "The role of perceived costs and perceived benefits in the relationship between personality and risk-related choices," LSE Research Online Documents on Economics 28353, London School of Economics and Political Science, LSE Library.
- Andrew W. Lo & Dmitry V. Repin & Brett N. Steenbarger, 2005.
"Fear and Greed in Financial Markets: A Clinical Study of Day-Traders,"
American Economic Review, American Economic Association, vol. 95(2), pages 352-359, May.
- Andrew W. Lo & Dmitry V. Repin & Brett N. Steenbarger, 2005. "Fear and Greed in Financial Markets: A Clinical Study of Day-Traders," NBER Working Papers 11243, National Bureau of Economic Research, Inc.
- Roche, Hervé & Tompaidis, Stathis & Yang, Chunyu, 2013. "Why does junior put all his eggs in one basket? A potential rational explanation for holding concentrated portfolios," Journal of Financial Economics, Elsevier, vol. 109(3), pages 775-796.
- Unknown, 2014. "Media Coverage 2014," 2014: Ethics, Efficiency and Food Security: Feeding the 9 Billion, Well, 26-28 August 2014 225573, Crawford Fund.
- Allard C R van Riel & Hans Ouwersloot & Jos Lemmink, 2006.
"Antecedents Of Effective Decision-Making: A Cognitive Approach,"
The IUP Journal of Managerial Economics, IUP Publications, vol. 0(4), pages 7-28, November.
- van Riel, A.C.R. & Ouwersloot, J. & Lemmink, J.G.A.M., 2003. "Antecedents of effective decision making: a cognitive approach," Research Memorandum 026, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Solomon, David H. & Soltes, Eugene & Sosyura, Denis, 2014. "Winners in the spotlight: Media coverage of fund holdings as a driver of flows," Journal of Financial Economics, Elsevier, vol. 113(1), pages 53-72.
- Yang Zhang & Hong Zhang & Michael J. Seiler, 2015. "Impact of Information Disclosure on Prices, Volume, and Market Volatility: An Experimental Approach," Journal of Behavioral Finance, Taylor & Francis Journals, vol. 16(1), pages 12-19, January.
- Robert Durand & Rick Newby & Kevin Tant & Sirimon Trepongkaruna, 2013. "Overconfidence, overreaction and personality," Review of Behavioral Finance, Emerald Group Publishing Limited, vol. 5(2), pages 104-133, November.
- Amarjit Gill & Nahum Biger & Harvinder S. Mand & Sukhinder S. Gill, 2011. "Factors that affect mutual fund investment decision of Indian investors," International Journal of Behavioural Accounting and Finance, Inderscience Enterprises Ltd, vol. 2(3/4), pages 328-345.
- Kleine, Jens & Wagner, Niklas & Weller, Tim, 2016. "Openness endangers your wealth: Noise trading and the big five," Finance Research Letters, Elsevier, vol. 16(C), pages 239-247.
- Donnelly, Grant & Iyer, Ravi & Howell, Ryan T., 2012. "The Big Five personality traits, material values, and financial well-being of self-described money managers," Journal of Economic Psychology, Elsevier, vol. 33(6), pages 1129-1142.
- Hunter, Katrina & Kemp, Simon, 2004. "The personality of e-commerce investors," Journal of Economic Psychology, Elsevier, vol. 25(4), pages 529-537, August.
- Gherzi, Svetlana & Egan, Daniel & Stewart, Neil & Haisley, Emily & Ayton, Peter, 2014. "The meerkat effect: Personality and market returns affect investors’ portfolio monitoring behaviour," Journal of Economic Behavior & Organization, Elsevier, vol. 107(PB), pages 512-526.
- Bucciol, Alessandro & Zarri, Luca, 2017. "Do personality traits influence investors’ portfolios?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 68(C), pages 1-12.
- Jian Zhang & Haocheng Wang & Limin Wang & Shuyi Liu, 2014. "Is There Any Overtrading in Stock Markets? The Moderating Role of Big Five Personality Traits and Gender in a Unilateral Trend Stock Market," PLOS ONE, Public Library of Science, vol. 9(1), pages 1-10, January.
- David Cesarini & Magnus Johannesson & Paul Lichtenstein & Örjan Sandewall & Björn Wallace, 2010. "Genetic Variation in Financial Decision‐Making," Journal of Finance, American Finance Association, vol. 65(5), pages 1725-1754, October.
- Zainab Abdussalam, 2014. "The influence of culture and religion on trust in the emerging financial market in Libya," International Journal of Behavioural Accounting and Finance, Inderscience Enterprises Ltd, vol. 4(3), pages 206-220.
- Douglas E Allen & Mary Keller & Elton (Skip) McGoun, 2015. "Teleinvestmentevangelists: celebrity, ritual and religion and the quest to “beat the market”," Qualitative Research in Financial Markets, Emerald Group Publishing Limited, vol. 7(3), pages 290-308, August.
- McCannon, Bryan C., 2014. "Finance education and social preferences: Experimental evidence," Journal of Behavioral and Experimental Finance, Elsevier, vol. 4(C), pages 57-62.
- Emma Soane & Chris Dewberry & Sunitha Narendran, 2010. "The role of perceived costs and perceived benefits in the relationship between personality and risk-related choices," Journal of Risk Research, Taylor & Francis Journals, vol. 13(3), pages 303-318, April.
- Nigel Nicholson & Emma Soane & Mark Fenton-O'Creevy & Paul Willman, 2005. "Personality and domain-specific risk taking," Journal of Risk Research, Taylor & Francis Journals, vol. 8(2), pages 157-176, March.
- Anna M. Cianci & Diana Falsetta, 2008. "Impact of investors’ status on their evaluation of positive and negative, and past and future information," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 48(5), pages 719-739, December.
- Daniel Arand & Alexander Kerl & Andreas Walter, 2015. "When Do Sell†side Analyst Reports Really Matter? Shareholder Protection, Institutional Investors and the Informativeness of Equity Research," European Financial Management, European Financial Management Association, vol. 21(3), pages 524-555, June.
- Mark Grinblatt & Matti Keloharju & Juhani Linnainmaa, 2011. "IQ and Stock Market Participation," Journal of Finance, American Finance Association, vol. 66(6), pages 2121-2164, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Yogita Singh & Mohd. Adil & S. M. Imamul Haque, 2023. "Personality traits and behaviour biases: the moderating role of risk-tolerance," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(4), pages 3549-3573, August.
- repec:cup:judgdm:v:15:y:2020:i:1:p:112-134 is not listed on IDEAS
- Brooks, Chris & Williams, Louis, 2022. "When it comes to the crunch: Retail investor decision-making during periods of market volatility," International Review of Financial Analysis, Elsevier, vol. 80(C).
- Bucciol, Alessandro & Zarri, Luca, 2017. "Do personality traits influence investors’ portfolios?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 68(C), pages 1-12.
- Yiyun Shou & Joel Olney, 2020. "Assessing a domain-specific risk-taking construct: A meta-analysis of reliability of the DOSPERT scale," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 15(1), pages 112-134, January.
- Bellofatto, Anthony & Broihanne, Marie-Hélène & D'Hondt, Catherine, 2019. "Appetite for information and trading behavior," LIDAM Discussion Papers LFIN 2019002, Université catholique de Louvain, Louvain Finance (LFIN).
- Thomas, Sheetal & Goel, Mridula & Agrawal, Dipak, 2020. "A framework for analyzing financial behavior using machine learning classification of personality through handwriting analysis," Journal of Behavioral and Experimental Finance, Elsevier, vol. 26(C).
- Brooks, Chris & Williams, Louis, 2021. "The impact of personality traits on attitude to financial risk," Research in International Business and Finance, Elsevier, vol. 58(C).
- Saad, Mohsen & Samet, Anis, 2020. "Collectivism and commonality in liquidity," Journal of Business Research, Elsevier, vol. 116(C), pages 137-162.
- Yang Song, 2020. "The Mismatch Between Mutual Fund Scale and Skill," Journal of Finance, American Finance Association, vol. 75(5), pages 2555-2589, October.
- Robert M. Bushman & Christopher D. Williams & Regina Wittenberg‐Moerman, 2017. "The Informational Role of the Media in Private Lending," Journal of Accounting Research, Wiley Blackwell, vol. 55(1), pages 115-152, March.
- Fatima Akhtar & K. S. Thyagaraj & Niladri Das, 2018. "Perceived Investment Performance of Individual Investors is Related to the Big-Five and the General Factor of Personality (GPF)," Global Business Review, International Management Institute, vol. 19(2), pages 342-356, April.
- Hampson, Daniel P. & Gong, Shiyang & Xie, Yi, 2021. "How consumer confidence affects price conscious behavior: The roles of financial vulnerability and locus of control," Journal of Business Research, Elsevier, vol. 132(C), pages 693-704.
- Lai, Wan-Ni, 2016. "Do academic investment insights benefit society?," Research in International Business and Finance, Elsevier, vol. 38(C), pages 172-176.
- Maximiliano González & Alexander Guzmán & Diego Fernando Tellez & María Andrea Trujillo, 2016. "What you say and how you say it: Information disclosure in Latin American firms," Documentos de Trabajo de Valor Público 15656, Universidad EAFIT.
- Xu, Yilan & Briley, Daniel A. & Brown, Jeffrey R. & Roberts, Brent W., 2017. "Genetic and environmental influences on household financial distress," Journal of Economic Behavior & Organization, Elsevier, vol. 142(C), pages 404-424.
- Cobb-Clark, Deborah A. & Kassenboehmer, Sonja C. & Sinning, Mathias G., 2016.
"Locus of control and savings,"
Journal of Banking & Finance, Elsevier, vol. 73(C), pages 113-130.
- Deborah A. Cobb-Clark & Sonja C. Kassenboehmer & Mathias G. Sinning, 2013. "Locus of Control and Savings," Melbourne Institute Working Paper Series wp2013n42, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
- Deborah A. Cobb-Clark & Sonja C. Kassenboehmer & Mathias G. Sinning, 2014. "Locus of Control and Savings," Discussion Papers Series 498, School of Economics, University of Queensland, Australia.
- Cobb-Clark, Deborah A. & de New, Sonja C. & Sinning, Mathias, 2013. "Locus of Control and Savings," IZA Discussion Papers 7837, Institute of Labor Economics (IZA).
- Cobb-Clark, Deborah A. & Kassenboehmer, Sonja C. & Sinning, Mathias G., 2013. "Locus of Control and Savings," Ruhr Economic Papers 455, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- repec:zbw:bofrdp:2017_025 is not listed on IDEAS
- Harris, Lawrence E. & Hartzmark, Samuel M. & Solomon, David H., 2015. "Juicing the dividend yield: Mutual funds and the demand for dividends," Journal of Financial Economics, Elsevier, vol. 116(3), pages 433-451.
- Cici, Gjergji & Hendriock, Mario & Kempf, Alexander, 2018. "The impact of labor mobility restrictions on managerial actions: Evidence from the mutual fund industry," CFR Working Papers 18-01, University of Cologne, Centre for Financial Research (CFR).
- Peijnenburg, Kim & Parise, Gianpaolo, 2017.
"Understanding the Determinants of Financial Outcomes and Choices: The Role of Noncognitive Abilities,"
CEPR Discussion Papers
11900, C.E.P.R. Discussion Papers.
- Gianpaolo Parise & Kim Peijnenburg, 2017. "Understanding the determinants of financial outcomes and choices: the role of noncognitive abilities," BIS Working Papers 640, Bank for International Settlements.
- Brice Corgnet & Cary Deck & Mark DeSantis & David Porter, 2022.
"Forecasting Skills in Experimental Markets: Illusion or Reality?,"
Management Science, INFORMS, vol. 68(7), pages 5216-5232, July.
- Brice Corgnet & Cary Deck & Mark Desantis & David Porter, 2020. "Forecasting Skills in Experimental Markets: Illusion or Reality?," Working Papers halshs-02893291, HAL.
- Brice Corgnet & Cary Deck & Mark Desantis & David Porter, 2022. "Forecasting Skills in Experimental Market : Illusion or Reality?," Post-Print hal-04325544, HAL.
- Brice Corgnet & Cary Deck & Mark DeSantis & David Porter, 2020. "Forecasting Skills in Experimental Markets: Illusion or Reality?," Working Papers 2020, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- Brice Corgnet & Cary Deck & Mark DeSantis & David Porter, 2020. "Forecasting Skills in Experimental Markets: Illusion or Reality?," Working Papers 20-27, Chapman University, Economic Science Institute.
More about this item
Keywords
Personality; Investment efficacy; Intuitive ability; Cognitive capability;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:decisn:v:46:y:2019:i:1:d:10.1007_s40622-018-0200-1. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.