IDEAS home Printed from https://ideas.repec.org/a/taf/reroxx/v31y2018i1p521-536.html
   My bibliography  Save this article

Financial risk information avoidance

Author

Listed:
  • Anna Blajer-Gołębiewska
  • Dagmara Wach
  • Maciej Kos

Abstract

Availability of information is one of the most important factors for financial decision-makers. Having complete information about the probability of losing money should always leave decision-makers better off. However, in some situations financial decision-makers prefer to know less than more. In this study we investigated the impact of selected characteristics of financial threats on individuals’ decisions to avoid risk information in an incentivised online experiment. We found that threat severity, relative risk, and effectiveness of threat prevention alone do not influence decisions to avoid risk information. However, we did find an interaction effect between the first two treatments. Furthermore, our data suggest that coping style, locus of control, and anticipated emotional response are statistically significant predictors of financial risk information avoidance.

Suggested Citation

  • Anna Blajer-Gołębiewska & Dagmara Wach & Maciej Kos, 2018. "Financial risk information avoidance," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 31(1), pages 521-536, January.
    • Handle: RePEc:taf:reroxx:v:31:y:2018:i:1:p:521-536
    DOI: 10.1080/1331677X.2018.1439396
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1331677X.2018.1439396
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1331677X.2018.1439396?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Vasyltsiv, Taras & Mulska, Olha & Hrabynska, Iryna & Ivaniuk, Ulana & Shopska, Yuliya, 2023. "Financial and economic security of agricultural business: specifics, analysis methodology, and measures of stabilization," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 9(2), June.
    2. Ana KUNDID NOVOKMET & Marija VUKOVIĆ, 2024. "Financial Outcomes Of The Locus Of Control: Pls-Sem Evidence From Croatia," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 19(2), pages 138-154, August.
    3. Kunytska-Iliash, Marta, 2023. "Assessment of the financial security of agriculture in Ukraine," Agricultural and Resource Economics: International Scientific E-Journal, Agricultural and Resource Economics: International Scientific E-Journal, vol. 9(1), March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:taf:reroxx:v:31:y:2018:i:1:p:521-536. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rero .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.