Fernandes, Jose L. B.
[Verfasser:in]
;
Minagawa, Pedro
[Sonstige Person, Familie und Körperschaft];
Matsumoto, Alberto S.
[Sonstige Person, Familie und Körperschaft]
Presentation Format and Individual Financial Decisions
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 16, 2015 erstellt
Beschreibung:
This study aimed to verify if the presentation format influences the individual financial decisions. It was also checked whether men and women differ as to the presentation format responses and if financial literacy diminishes this effect. The methodology was an experiment to measure the consistency of responses in similar investment scenarios applied in a group of 106 individuals. The results show that around 70% of the responses were considered inconsistent. Moreover, women were more biased than men and the financial literacy decreased the effect of the presentation format