Investment decision-making: Psychological studies clarifying the relationship between financial risk perception and investment behavior
| Project/Area Number |
26590134
|
|---|
| Research Category |
Grant-in-Aid for Challenging Exploratory Research
|
| Allocation Type | Multi-year Fund |
|---|
| Research Field |
Social psychology
|
|---|
| Research Institution | Meiji University |
|---|
Principal Investigator |
SASAKI MIKA 明治大学, 商学部, 専任教授 (90337204)
|
|---|
| Co-Investigator(Kenkyū-buntansha) |
中林 真理子 明治大学, 商学部, 専任教授 (80308056)
瀧川 裕貴 東北大学, 学際科学フロンティア研究所, 助教 (60456340)
|
|---|
| Project Period (FY) |
2014-04-01 – 2017-03-31
|
| Project Status |
Completed (Fiscal Year 2016)
|
| Budget Amount *help |
¥3,510,000 (Direct Cost: ¥2,700,000、Indirect Cost: ¥810,000)
Fiscal Year 2016: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2015: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Fiscal Year 2014: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
|
|---|
| Keywords | 投資行動 / リスク認知 / 金融商品 / 保険商品 / 金融行動 / 金融リスク認知 / 投資態度 / 社会心理学 |
|---|
| Outline of Final Research Achievements |
These studies aimed to clarify the psychological processes underlying investment behavior. We investigated the decision-making processes regarding the purchase of financial products. A preliminary investigation yielded three dimensions: socio-personal, financial risk perception, and investment attitude. Regarding these dimensions, we performed factor analysis and developed the investment decision-making process scales (IDPS). Their validity was confirmed. The investment attitude scale of IDPS predicted decision-making regarding the purchase of certain financial products. Moreover, we found a safe/cautious investment attitude inhibited the framing effect. On the other hand, we performed factor analysis for consumers’ perceived risks in purchasing insurance; however, the validity of these factors was not confirmed
|
Report
(4 results)
Research Products
(10 results)
