The Behavioural Aspects of Financial Literacy

The Behavioural Aspects of Financial Literacy

In this paper, we investigate the contribution of behavioural characteristics to the financial literacy of UAE residents after controlling for demographic factors. Specifically, we test the relationship between financial literacy and behavioural biases such as representativeness, self-serving, overc...

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Bibliographic Details
Main Authors: Florian Gerth, Katia Lopez, Krishna Reddy, Vikash Ramiah, Damien Wallace, Glenn Muschert, Alex Frino, Leonie Jooste
Format: Article
Language:English
Published: MDPI AG 2021-08-01
Series:Journal of Risk and Financial Management
Subjects:
behavioural finance
financial literacy
representativeness bias
self-serving bias
overconfidence bias
loss aversion bias
Online Access:https://www.mdpi.com/1911-8074/14/9/395

Internet

https://www.mdpi.com/1911-8074/14/9/395

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