The influence of mood on the willingness to take financial risks

被引：79
作者：
Grable, John E. [1 ]
Roszkowski, Michael J. [2 ]
机构：
[1] Kansas State Univ, Inst Personal Financial Planning, Kansas City, KS USA
[2] La Salle Univ, Off Inst Res, Philadelphia, PA 19141 USA
来源：
JOURNAL OF RISK RESEARCH | 2008年 / 11卷 / 07期
关键词：
risk tolerance; mood; emotions; risk-as-feelings; risky decisions;
D O I：
10.1080/13669870802090390
中图分类号：
C [社会科学总论];
学科分类号：
03 ; 0303 ;
摘要：
The purpose of this study was to determine whether support could be found for either the Affect Infusion Model or the Mood Maintenance Hypothesis regarding how mood influences financial risk tolerance. An ordinary least-squares regression model was used to determine if people who exhibited a happy mood at the time they completed a survey scored differently than those who were not happy. In a sample (n=460) of employed mid-western respondents between the ages of 18 and 75 years, being in a happy mood was positively associated with having a higher level of financial risk tolerance, holding biopsychosocial and environmental factors constant. Support for the Affect Infusion Model was obtained.
引用
收藏
页码：905 / 923
页数：19
相关论文
共 86 条
  • [21] GOODALL LE, 1990, MANAGING YOUR TIAA C
  • [22] Grable J., 1999, FINANCIAL SERVICES R, V8, P163, DOI [10.1016/S1057-0810(99)00041-4, DOI 10.1016/S1057-0810(99)00041-4]
  • [23] Grable J.E., 2001, FINANCIAL COUNSELING, V12, P43
  • [24] Grable J.E., 2004, Financial Counseling and Planning, V15, P73, DOI DOI 10.1016/J.JOEP.2015.09.002
  • [25] Grable J. E., 1998, Financial Counseling and Planning, V9, P61
  • [26] Good day sunshine: Stock returns and the weather
    Hirshleifer, D
    Shumway, T
    [J]. JOURNAL OF FINANCE, 2003, 58 (03) : 1009 - 1032
  • [27] Effects of negative mood states on risk in everyday decision making
    Hockey, GRJ
    Maule, AJ
    Clough, PJ
    Bdzola, L
    [J]. COGNITION & EMOTION, 2000, 14 (06) : 823 - 855
  • [28] SENSATION SEEKING, RISK APPRAISAL, AND RISKY BEHAVIOR
    HORVATH, P
    ZUCKERMAN, M
    [J]. PERSONALITY AND INDIVIDUAL DIFFERENCES, 1993, 14 (01) : 41 - 52
  • [29] Huston S.J., 1997, FINANCIAL COUNSELING, V8l, P37
  • [30] HUSTON SJ, 1997, FAMILY EC RESOURCE M, V2, P9
123456789