Abstract
Behavioural finance is one field of study, which tries to explain the financial anomalies, in relation to individual traits and biases. Since personal biases like risk aversion, may result in market anomalies, it is imperative to explore it. In this paper, we attempt to study risk averseness in Indian investors, by conducting a survey on behavioral traits, which are pertinent to financial and investment decisions. The research was based on a survey, which generated 186 responses to questions on risk averseness and related behavioral traits. Initially, demographics of investors were analyzed, followed by correlation and regression analysis. Three behavioral traits related to thumb rule, natural calamity and double mindness were found to be closely associated with risk aversion. The findings of the research would be useful for market participants, for business development and product development.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
