Economy, psychology and stock investment: analysis of variables that participate in the process of decision making

The ININBE questionnaire has been recently validated in order to measure the variables that affect individual investor behavior in stock exchange. The lack of information about the methodology, items selection and psychometric properties of the instruments used in other researches has shown the nece...

Full description

Autores:
Pascual Ezama, David
Gil-Gómez De Liaño, Beatriz
Scandroglio, Barbara
Tipo de recurso:
Article of journal
Fecha de publicación:
2012
Institución:
Universidad de San Buenaventura
Repositorio:
Repositorio USB
Idioma:
eng
OAI Identifier:
oai:bibliotecadigital.usb.edu.co:10819/25648
Acceso en línea:
https://hdl.handle.net/10819/25648
https://doi.org/10.21500/20112084.744
Palabra clave:
Individual investor
economy
psychology
economic psychology
make decisions
Rights
openAccess
License
International Journal of Psychological Research - 2012
id SANBUENAV2_3df67e995703da9303381dc6fdd819d0
oai_identifier_str oai:bibliotecadigital.usb.edu.co:10819/25648
network_acronym_str SANBUENAV2
network_name_str Repositorio USB
repository_id_str
spelling Pascual Ezama, DavidGil-Gómez De Liaño, BeatrizScandroglio, Barbara2012-06-30T00:00:00Z2025-07-31T16:11:00Z2012-06-30T00:00:00Z2025-07-31T16:11:00Z2012-06-30The ININBE questionnaire has been recently validated in order to measure the variables that affect individual investor behavior in stock exchange. The lack of information about the methodology, items selection and psychometric properties of the instruments used in other researches has shown the necessary to elaborate and validate a questionnaire. In the present work we have applied the ININBE questionnaire to 257 individual investors. We have found interesting results about the relationship between the “psychological” and “economical” variables with individual investor’s characteristics.application/pdf10.21500/20112084.7442011-79222011-2084https://hdl.handle.net/10819/25648https://doi.org/10.21500/20112084.744engUniversidad San Buenaventura - USB (Colombia)https://revistas.usb.edu.co/index.php/IJPR/article/download/744/54517155International Journal of Psychological ResearchBenartzi, S. & Thaler, R. H. (2001). Naive diversification strategies in defined contribution saving plans. The American Economic Review, 91(1), 79-98. Blume, M. E. & Friend, I. (1978). The changing role of the individual investor: A twentieth century fund report. New York: Wiley. Brown, J. R. & Weisbenner, S. J. (2007). Who chooses defined contribution plans? National Bureau of Economic Research, The latest working papers. Retrieved from http://www.nber.org/papers/w12842 Cohn, R. A., Lewellen, W. G., Lease, R. C., & Schlarbaum, G. G. (1975). Individual Investor Risk Aversion and Investment Portfolio Composition. Journal of Finance, 30(2), 605-620. De Miguel, V., Garlappi, L., & Uppal, R. (2007). Optimal versus naive diversification: How inefficient is the 1/n portfolio strategy? The review of financial studies, 22(15), 1915-1953. Goetzmann, W. N. & Kumar, A. (2001). Equity portfolio diversification. NBER Working Paper Series, December.International Journal of Psychological Research - 2012info:eu-repo/semantics/openAccesshttp://purl.org/coar/access_right/c_abf2https://creativecommons.org/licenses/by-nc-sa/4.0/https://revistas.usb.edu.co/index.php/IJPR/article/view/744Individual investoreconomypsychologyeconomic psychologymake decisionsEconomy, psychology and stock investment: analysis of variables that participate in the process of decision makingEconomy, psychology and stock investment: analysis of variables that participate in the process of decision makingArtículo de revistahttp://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1http://purl.org/coar/version/c_970fb48d4fbd8a85Textinfo:eu-repo/semantics/articleJournal articleinfo:eu-repo/semantics/publishedVersionPublicationOREORE.xmltext/xml2709https://bibliotecadigital.usb.edu.co/bitstreams/233e354b-efa2-4ab8-ae11-21be08dcff4b/download846eafc38843405ae9e70ad376354fb9MD5110819/25648oai:bibliotecadigital.usb.edu.co:10819/256482025-07-31 11:11:00.194https://creativecommons.org/licenses/by-nc-sa/4.0/https://bibliotecadigital.usb.edu.coRepositorio Institucional Universidad de San Buenaventura Colombiabdigital@metabiblioteca.com
dc.title.spa.fl_str_mv Economy, psychology and stock investment: analysis of variables that participate in the process of decision making
dc.title.translated.spa.fl_str_mv Economy, psychology and stock investment: analysis of variables that participate in the process of decision making
title Economy, psychology and stock investment: analysis of variables that participate in the process of decision making
spellingShingle Economy, psychology and stock investment: analysis of variables that participate in the process of decision making
Individual investor
economy
psychology
economic psychology
make decisions
title_short Economy, psychology and stock investment: analysis of variables that participate in the process of decision making
title_full Economy, psychology and stock investment: analysis of variables that participate in the process of decision making
title_fullStr Economy, psychology and stock investment: analysis of variables that participate in the process of decision making
title_full_unstemmed Economy, psychology and stock investment: analysis of variables that participate in the process of decision making
title_sort Economy, psychology and stock investment: analysis of variables that participate in the process of decision making
dc.creator.fl_str_mv Pascual Ezama, David
Gil-Gómez De Liaño, Beatriz
Scandroglio, Barbara
dc.contributor.author.eng.fl_str_mv Pascual Ezama, David
Gil-Gómez De Liaño, Beatriz
Scandroglio, Barbara
dc.subject.eng.fl_str_mv Individual investor
economy
psychology
economic psychology
make decisions
topic Individual investor
economy
psychology
economic psychology
make decisions
description The ININBE questionnaire has been recently validated in order to measure the variables that affect individual investor behavior in stock exchange. The lack of information about the methodology, items selection and psychometric properties of the instruments used in other researches has shown the necessary to elaborate and validate a questionnaire. In the present work we have applied the ININBE questionnaire to 257 individual investors. We have found interesting results about the relationship between the “psychological” and “economical” variables with individual investor’s characteristics.
publishDate 2012
dc.date.accessioned.none.fl_str_mv 2012-06-30T00:00:00Z
2025-07-31T16:11:00Z
dc.date.available.none.fl_str_mv 2012-06-30T00:00:00Z
2025-07-31T16:11:00Z
dc.date.issued.none.fl_str_mv 2012-06-30
dc.type.spa.fl_str_mv Artículo de revista
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_2df8fbb1
dc.type.coar.eng.fl_str_mv http://purl.org/coar/resource_type/c_6501
dc.type.coarversion.eng.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.content.eng.fl_str_mv Text
dc.type.driver.eng.fl_str_mv info:eu-repo/semantics/article
dc.type.local.eng.fl_str_mv Journal article
dc.type.version.eng.fl_str_mv info:eu-repo/semantics/publishedVersion
format http://purl.org/coar/resource_type/c_6501
status_str publishedVersion
dc.identifier.doi.none.fl_str_mv 10.21500/20112084.744
dc.identifier.eissn.none.fl_str_mv 2011-7922
dc.identifier.issn.none.fl_str_mv 2011-2084
dc.identifier.uri.none.fl_str_mv https://hdl.handle.net/10819/25648
dc.identifier.url.none.fl_str_mv https://doi.org/10.21500/20112084.744
identifier_str_mv 10.21500/20112084.744
2011-7922
2011-2084
url https://hdl.handle.net/10819/25648
https://doi.org/10.21500/20112084.744
dc.language.iso.eng.fl_str_mv eng
language eng
dc.relation.bitstream.none.fl_str_mv https://revistas.usb.edu.co/index.php/IJPR/article/download/744/545
dc.relation.citationendpage.none.fl_str_mv 17
dc.relation.citationissue.eng.fl_str_mv 1
dc.relation.citationstartpage.none.fl_str_mv 5
dc.relation.citationvolume.eng.fl_str_mv 5
dc.relation.ispartofjournal.eng.fl_str_mv International Journal of Psychological Research
dc.relation.references.eng.fl_str_mv Benartzi, S. & Thaler, R. H. (2001). Naive diversification strategies in defined contribution saving plans. The American Economic Review, 91(1), 79-98. Blume, M. E. & Friend, I. (1978). The changing role of the individual investor: A twentieth century fund report. New York: Wiley. Brown, J. R. & Weisbenner, S. J. (2007). Who chooses defined contribution plans? National Bureau of Economic Research, The latest working papers. Retrieved from http://www.nber.org/papers/w12842 Cohn, R. A., Lewellen, W. G., Lease, R. C., & Schlarbaum, G. G. (1975). Individual Investor Risk Aversion and Investment Portfolio Composition. Journal of Finance, 30(2), 605-620. De Miguel, V., Garlappi, L., & Uppal, R. (2007). Optimal versus naive diversification: How inefficient is the 1/n portfolio strategy? The review of financial studies, 22(15), 1915-1953. Goetzmann, W. N. & Kumar, A. (2001). Equity portfolio diversification. NBER Working Paper Series, December.
dc.rights.eng.fl_str_mv International Journal of Psychological Research - 2012
dc.rights.accessrights.eng.fl_str_mv info:eu-repo/semantics/openAccess
dc.rights.coar.eng.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.uri.eng.fl_str_mv https://creativecommons.org/licenses/by-nc-sa/4.0/
rights_invalid_str_mv International Journal of Psychological Research - 2012
http://purl.org/coar/access_right/c_abf2
https://creativecommons.org/licenses/by-nc-sa/4.0/
eu_rights_str_mv openAccess
dc.format.mimetype.eng.fl_str_mv application/pdf
dc.publisher.eng.fl_str_mv Universidad San Buenaventura - USB (Colombia)
dc.source.eng.fl_str_mv https://revistas.usb.edu.co/index.php/IJPR/article/view/744
institution Universidad de San Buenaventura
bitstream.url.fl_str_mv https://bibliotecadigital.usb.edu.co/bitstreams/233e354b-efa2-4ab8-ae11-21be08dcff4b/download
bitstream.checksum.fl_str_mv 846eafc38843405ae9e70ad376354fb9
bitstream.checksumAlgorithm.fl_str_mv MD5
repository.name.fl_str_mv Repositorio Institucional Universidad de San Buenaventura Colombia
repository.mail.fl_str_mv bdigital@metabiblioteca.com
_version_ 1851053546530668544

Publicaciones similares