Explicit and implicit stock investment: Differences in psychological characteristics and risky behavior between college students majoring in financial engineering or business

被引:0
作者
Junsu Park
Do-Yeong Kim
Semi Oh
机构
[1] Barnard College,Department of Psychology
[2] Columbia University,Graduate Department of Global Management
[3] School of Business,undefined
[4] Ajou University,undefined
来源
Current Psychology | 2020年 / 39卷
关键词
Risk; Personality; Explicit and implicit risk attitude; Risky behavior; Financial engineering; Stock investment;
D O I
暂无
中图分类号
学科分类号
摘要
This study (a) investigates dispositional attributes regarding the risk-related personality, attitude, and behavior of college students majoring in financial engineering (FE-major group) and business (business-major group); and (b) examines whether risky behavior is differentially explained by explicit versus implicit attitude toward stock investment. The FE-major group scored consistently higher than the business-major group on measures of sensation-seeking, financial risk-taking, and computerized risk-taking behavior. This pattern was also observed in the two explicit attitudinal measures of risk, whereas no group differences were noted on the two corresponding implicit measures of risk. A newly developed implicit measure of stock investment showed incremental validity in predicting risky behavior beyond the corresponding explicit measure.
引用
收藏
页码:1954 / 1969
页数:15
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