Cognitive Functioning: An Underlying Mechanism of Age and Gender Differences in Self-Assessed Risk Tolerance among an Aging Population

Attitude toward risk plays a vital role in an individual’s financial decision-making and well-being. Past studies have found significant association of age and gender with risk tolerance. However, studies on the factors affecting the underlying mechanism are scant. The purpose of this research is to...

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Bibliographic Details
Main Authors: Muna Sharma, Swarn Chatterjee
Format: Article
Language:English
Published: MDPI AG 2021-02-01
Series:Sustainability
Subjects:
age
Online Access:https://www.mdpi.com/2071-1050/13/4/2361