Gender behavioral differences among Portuguese individual investors

Detalhes bibliográficos
Autor(a) principal: Silva, Paula Cristina Oliveira Pereira
Data de Publicação: 2021
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/22937
Resumo: Mestrado Bolonha em Economia Monetária e Financeira
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spelling Gender behavioral differences among Portuguese individual investorsBehavioral FinanceDecision MakingGenderBehavioral BiasesProbitMestrado Bolonha em Economia Monetária e FinanceiraThe purpose of this study is to determine if gender differentiates financial decision-making among Portuguese individual investors. We investigate gender differences in financial literacy, risk preferences, and in three relevant investors’ behavioral biases: overconfidence, disposition effect, and loss aversion. For this purpose, we use data from a questionnaire-based survey conducted by CMVM as our data set for the period of June 2018 to August 2018. A total of 2282 participants responded, of which 81.81% were men and 18.19% were women. In the empirical work, to measure the significant association of the gender differences in the context of the mentioned variables, we have used non-parametric tests. The results confirm significant differences between men and women. Findings suggest that men have a higher level of financial literacy, while women reveal more risk aversion than men. The predisposition of exhibit disposition effect is only relevant when other characteristics are considered, in that case, women are more prone to present it than men. When it comes to overconfidence, we find gender differences, but the results depend on the dimension studied.Instituto Superior de Economia e GestãoAbreu, MargaridaRepositório da Universidade de LisboaSilva, Paula Cristina Oliveira Pereira2022-07-06T00:30:20Z2021-102021-10-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.5/22937engSilva, Paula Cristina Oliveira Pereira (2021). "Gender behavioral differences among Portuguese individual investors". Dissertação de Mestrado, Universidade de Lisboa. Instituto Superior de Economia e Gestão.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:52:28Zoai:www.repository.utl.pt:10400.5/22937Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:07:16.590980Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Gender behavioral differences among Portuguese individual investors
title Gender behavioral differences among Portuguese individual investors
spellingShingle Gender behavioral differences among Portuguese individual investors
Silva, Paula Cristina Oliveira Pereira
Behavioral Finance
Decision Making
Gender
Behavioral Biases
Probit
title_short Gender behavioral differences among Portuguese individual investors
title_full Gender behavioral differences among Portuguese individual investors
title_fullStr Gender behavioral differences among Portuguese individual investors
title_full_unstemmed Gender behavioral differences among Portuguese individual investors
title_sort Gender behavioral differences among Portuguese individual investors
author Silva, Paula Cristina Oliveira Pereira
author_facet Silva, Paula Cristina Oliveira Pereira
author_role author
dc.contributor.none.fl_str_mv Abreu, Margarida
Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Silva, Paula Cristina Oliveira Pereira
dc.subject.por.fl_str_mv Behavioral Finance
Decision Making
Gender
Behavioral Biases
Probit
topic Behavioral Finance
Decision Making
Gender
Behavioral Biases
Probit
description Mestrado Bolonha em Economia Monetária e Financeira
publishDate 2021
dc.date.none.fl_str_mv 2021-10
2021-10-01T00:00:00Z
2022-07-06T00:30:20Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/22937
url http://hdl.handle.net/10400.5/22937
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Silva, Paula Cristina Oliveira Pereira (2021). "Gender behavioral differences among Portuguese individual investors". Dissertação de Mestrado, Universidade de Lisboa. Instituto Superior de Economia e Gestão.
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
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dc.publisher.none.fl_str_mv Instituto Superior de Economia e Gestão
publisher.none.fl_str_mv Instituto Superior de Economia e Gestão
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