Riskpreferenser – Vad styr dem?: En studie med fokus på finansiell förmåga, räknefärdigheter och kognitiva färdigheter.
Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesisAlternative title
Risk preferences – What affects them? (English)
The goal of this paper is to examine characteristics that affect the risk preferences of individuals. Apart from gender, age and income that have been extensively studied, this essay also takes into account financial literacy, numeracy and cognitive abilities. In previous studies results have indicated that the latter three have a big influence on our risk preferences. This might explain why age, income and male gender tends to be associated with risk tolerance. Do these variables explain our preferences better than the demographic and the economic?
These abilities were settled through a questionnaire. The questionnaire was answered by students studying at basic level courses at Karlstad’s university.
The results in this paper did not show any statistically significant results indicating that any of these variables were affecting the individuals risk preferences. The respondents were all students and thus, a very homogenous group when it came to age and income. These characteristics together with gender did not either yield any statistically significant results.
Place, publisher, year, edition, pages
IdentifiersURN: urn:nbn:se:kau:diva-43388OAI: oai:DiVA.org:kau-43388DiVA: diva2:939871
Subject / course
Business Administration and Economics, 180 hp
Modén, Karl-Markus, Universitetslektor, programledare, studierektor