Behavioral Finance: an investigation based on the prospect theory and the investor profile of portuguese stricto sensu graduate students

Detalhes bibliográficos
Autor(a) principal: Haubert, Fabricio Luis Colognese
Data de Publicação: 2014
Outros Autores: Lima, Carlos Rogerio Montenegro de, Lima, Marcus Vinicius Andrade de
Tipo de documento: Artigo
Idioma: por
Título da fonte: Revista de Ciências da Administração
Texto Completo: https://periodicos.ufsc.br/index.php/adm/article/view/2175-8077.2014v16n38p183
Resumo: Behavioral Finance is a new area of study that seeks to analyze the psychological aspects of individuals in making financial decisions. Studies in this area are intended to verify assumptions made by more traditional theories, in particular, the rationality of economic agents, and they aim to improve the economic and financial model through the incorporation of evidence on investor irrationality. In this context, the objective of this article is to understand the behavior of portuguese post-graduate students to its operations in investments based on behavioral finance. In order to learn about the behavioral profile of investors and prospective investors, a survey was conducted to collect quantitative data using a questionnaire comprising 15 questions for 130 stricto sensu graduate students of Lisbon – Portugal. It was possible to identify the predominant conservative and moderate profiles. It was observed that students showed risk aversion in the field of gains and risk propensity in the field of losses. So it is possible to say that the reflection effect occurred in this study.
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spelling Behavioral Finance: an investigation based on the prospect theory and the investor profile of portuguese stricto sensu graduate studentsFinanças Comportamentais: uma investigação com base na teoria do prospecto e no perfil do investidor de estudantes de cursos stricto sensu portuguesesBehavioral Finance is a new area of study that seeks to analyze the psychological aspects of individuals in making financial decisions. Studies in this area are intended to verify assumptions made by more traditional theories, in particular, the rationality of economic agents, and they aim to improve the economic and financial model through the incorporation of evidence on investor irrationality. In this context, the objective of this article is to understand the behavior of portuguese post-graduate students to its operations in investments based on behavioral finance. In order to learn about the behavioral profile of investors and prospective investors, a survey was conducted to collect quantitative data using a questionnaire comprising 15 questions for 130 stricto sensu graduate students of Lisbon – Portugal. It was possible to identify the predominant conservative and moderate profiles. It was observed that students showed risk aversion in the field of gains and risk propensity in the field of losses. So it is possible to say that the reflection effect occurred in this study.As Finanças Comportamentais representam uma nova área de estudo que busca analisar os aspectos psicológicos dos indivíduos no processo de tomada de decisões financeiras. Estudos nessa área buscam verificar premissas assumidas pelas teorias mais tradicionais, em particular a da racionalidade dos agentes econômicos, tendo como objetivo aperfeiçoar o modelo econômico-financeiro por meio da incorporação de evidências sobre a irracionalidade do investidor. Nesse contexto, o objetivo deste artigo é compreender o comportamento dos estudantes de pós-graduação stricto sensu portugueses quanto à sua atuação em investimentos com base nas finanças comportamentais. A fim de obter informações sobre o perfil comportamental de investidores e futuros investidores foi realizada uma pesquisa quantitativa para coleta de dados com uso de um questionário composto de 15 questões aplicadas a 130 estudantes de stricto sensu de Lisboa – Portugal. Foi possível identificar que os perfis conservador e moderado predominam entre os estudantes pesquisados. Verificou-se também que os estudantes apresentaram aversão ao risco no campo dos ganhos e propensão ao risco no campo das perdas. Assim é possível afirmar que ocorreu o efeito reflexo na presente pesquisa.Universidade Federal de Santa Catarina2014-04-14info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPesquisa Empírica de Campoapplication/pdfhttps://periodicos.ufsc.br/index.php/adm/article/view/2175-8077.2014v16n38p18310.5007/2175-8077.2014v16n38p183Revista de Ciências da Administração; v.16 n.38 Abril 2014; 183 - 1952175-80771516-3865reponame:Revista de Ciências da Administraçãoinstname:Universidade Federal de Santa Catarina (UFSC)instacron:UFSCporhttps://periodicos.ufsc.br/index.php/adm/article/view/2175-8077.2014v16n38p183/pdf_11Haubert, Fabricio Luis CologneseLima, Carlos Rogerio Montenegro deLima, Marcus Vinicius Andrade deinfo:eu-repo/semantics/openAccess2018-06-22T14:55:34Zoai:periodicos.ufsc.br:article/32645Revistahttp://www.periodicos.ufsc.br/index.php/admPUBhttps://periodicos.ufsc.br/index.php/adm/oairevista@cse.ufsc.br||mfpcris@gmail.com||rca.cse@contato.ufsc.br2175-80771516-3865opendoar:2018-06-22T14:55:34Revista de Ciências da Administração - Universidade Federal de Santa Catarina (UFSC)false
dc.title.none.fl_str_mv Behavioral Finance: an investigation based on the prospect theory and the investor profile of portuguese stricto sensu graduate students
Finanças Comportamentais: uma investigação com base na teoria do prospecto e no perfil do investidor de estudantes de cursos stricto sensu portugueses
title Behavioral Finance: an investigation based on the prospect theory and the investor profile of portuguese stricto sensu graduate students
spellingShingle Behavioral Finance: an investigation based on the prospect theory and the investor profile of portuguese stricto sensu graduate students
Haubert, Fabricio Luis Colognese
title_short Behavioral Finance: an investigation based on the prospect theory and the investor profile of portuguese stricto sensu graduate students
title_full Behavioral Finance: an investigation based on the prospect theory and the investor profile of portuguese stricto sensu graduate students
title_fullStr Behavioral Finance: an investigation based on the prospect theory and the investor profile of portuguese stricto sensu graduate students
title_full_unstemmed Behavioral Finance: an investigation based on the prospect theory and the investor profile of portuguese stricto sensu graduate students
title_sort Behavioral Finance: an investigation based on the prospect theory and the investor profile of portuguese stricto sensu graduate students
author Haubert, Fabricio Luis Colognese
author_facet Haubert, Fabricio Luis Colognese
Lima, Carlos Rogerio Montenegro de
Lima, Marcus Vinicius Andrade de
author_role author
author2 Lima, Carlos Rogerio Montenegro de
Lima, Marcus Vinicius Andrade de
author2_role author
author
dc.contributor.author.fl_str_mv Haubert, Fabricio Luis Colognese
Lima, Carlos Rogerio Montenegro de
Lima, Marcus Vinicius Andrade de
description Behavioral Finance is a new area of study that seeks to analyze the psychological aspects of individuals in making financial decisions. Studies in this area are intended to verify assumptions made by more traditional theories, in particular, the rationality of economic agents, and they aim to improve the economic and financial model through the incorporation of evidence on investor irrationality. In this context, the objective of this article is to understand the behavior of portuguese post-graduate students to its operations in investments based on behavioral finance. In order to learn about the behavioral profile of investors and prospective investors, a survey was conducted to collect quantitative data using a questionnaire comprising 15 questions for 130 stricto sensu graduate students of Lisbon – Portugal. It was possible to identify the predominant conservative and moderate profiles. It was observed that students showed risk aversion in the field of gains and risk propensity in the field of losses. So it is possible to say that the reflection effect occurred in this study.
publishDate 2014
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dc.publisher.none.fl_str_mv Universidade Federal de Santa Catarina
publisher.none.fl_str_mv Universidade Federal de Santa Catarina
dc.source.none.fl_str_mv Revista de Ciências da Administração; v.16 n.38 Abril 2014; 183 - 195
2175-8077
1516-3865
reponame:Revista de Ciências da Administração
instname:Universidade Federal de Santa Catarina (UFSC)
instacron:UFSC
instname_str Universidade Federal de Santa Catarina (UFSC)
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institution UFSC
reponame_str Revista de Ciências da Administração
collection Revista de Ciências da Administração
repository.name.fl_str_mv Revista de Ciências da Administração - Universidade Federal de Santa Catarina (UFSC)
repository.mail.fl_str_mv revista@cse.ufsc.br||mfpcris@gmail.com||rca.cse@contato.ufsc.br
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