Risk perception, psychological factors and investment decision: A study of Indian investors

Jain, Sarni (2019) Risk perception, psychological factors and investment decision: A study of Indian investors. Doctoral thesis, O.P. Jindal Global University, Haryana, India.

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Rational investor tends to diversify their wealth among various investment avenues to maximize returns for a given risk. Investment avenues have an inherent risk associated to them and investors can either opt for high-risk avenues such as stocks, mutual funds for high return or can choose to invest in low- risk avenues such as banks, provident funds, insurance policies etc for relatively low return. Risk is intrinsic to all investment avenues and it is considered to be one of the important parameters while choosing a particular investment avenue. Behavioural finance studies individual investment behaviour by identifying and understanding the difference between the risk attached to a particular investment avenue and the way an individual perceives that risk. Recently, it has been found that the individuals’ psychological factors like moods and sentiments affect the investors’ choice of different financial assets. Moods affect the risk perception associated with the various financial assets whereas, economic environment affects the riskiness of an asset itself.

Item Type: Thesis (Doctoral)
Keywords: Investor Mood Index | Principal Component Analysis | Iowa Gambling Task
Subjects: Social Sciences and humanities > Psychology > Cognitive Psychology
Social Sciences and humanities > Social Sciences > Behavioral Studies
JGU School/Centre: Jindal Institute of Behavioural Sciences
Depositing User: Shilpi Rana
Date Deposited: 09 Feb 2022 09:53
Last Modified: 28 Nov 2022 08:40
URI: https://pure.jgu.edu.in/id/eprint/1145


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