Self-esteem and financial risk-taking
Abstract
Three studies (N1 = 802, N2 = 402, N3 = 349) investigated how self-esteem (general and temporarily changed) is linked to propensity to invest and take financial risks in the domains of investment and gambling. Study 1 (correlational) focused on the relationship between general self-esteem and the propensity to take financial risks. Study 2 (experimental) investigated whether temporarily lowering or raising a person's self-esteem by inducing...
Paper Details
Title
Self-esteem and financial risk-taking
Published Date
Apr 1, 2021
Volume
172
Pages
110576 - 110576
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