A Comparative Study on the Impact of Financial Literacy and Overconfidence on Risk Attitudes

Based on the data of the NFCS in the United States in 2012 and 2015, we measured the level of personal financial literacy and financial literacy overconfidence. By using the Ordered Probit model empirical research, we found that financial literacy and risk appetite were significantly positively corr...

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Veröffentlicht in:	Asian Business Research 2022-04, Vol.7 (3), p.30
Hauptverfasser:	Ma, Ruizhe, Wang, Yuhan
Format:	Artikel
Sprache:	eng
Online-Zugang:	Volltext
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