Mediating Effect of Pleasure-Seeking and Loss Aversion in the Relationship Between Phantasy and Financial Risk Tolerance and the Moderating Role of Confidence
Deciding to trade in financial markets is psychologically difficult and wearing. Investors want to find rational justifications for the correctness of their decisions. However, there is uncertainty in financial markets. This uncertainty does not allow for mathematical calculations. In such case, fee...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2023-12-01
|
| Series: | Folia Oeconomica Stetinensia |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/foli-2023-0017 |
| _version_ | 1797397351542816768 |
|---|---|
| author | Aren Selim Hamamci Hatice Nayman |
| author_facet | Aren Selim Hamamci Hatice Nayman |
| author_sort | Aren Selim |
| collection | DOAJ |
| description | Deciding to trade in financial markets is psychologically difficult and wearing. Investors want to find rational justifications for the correctness of their decisions. However, there is uncertainty in financial markets. This uncertainty does not allow for mathematical calculations. In such case, feelings get involved in the decision process. |
| first_indexed | 2024-03-09T01:09:36Z |
| format | Article |
| id | doaj.art-69042a44f6d7425996f5989e8f8b00cf |
| institution | Directory Open Access Journal |
| issn | 1898-0198 |
| language | English |
| last_indexed | 2024-03-09T01:09:36Z |
| publishDate | 2023-12-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Folia Oeconomica Stetinensia |
| spelling | doaj.art-69042a44f6d7425996f5989e8f8b00cf2023-12-11T07:37:46ZengSciendoFolia Oeconomica Stetinensia1898-01982023-12-01232244410.2478/foli-2023-0017Mediating Effect of Pleasure-Seeking and Loss Aversion in the Relationship Between Phantasy and Financial Risk Tolerance and the Moderating Role of ConfidenceAren Selim0Hamamci Hatice Nayman11Yildiz Technical University, Faculty of Economics and Administrative Sciences/Business Department, Turkey2Yildiz Technical University, Faculty of Economics and Administrative Sciences/Business Department, TurkeyDeciding to trade in financial markets is psychologically difficult and wearing. Investors want to find rational justifications for the correctness of their decisions. However, there is uncertainty in financial markets. This uncertainty does not allow for mathematical calculations. In such case, feelings get involved in the decision process.https://doi.org/10.2478/foli-2023-0017phantasyloss aversionpleasure seekingconfidencefinancial risk toleranceg40g41 |
| spellingShingle | Aren Selim Hamamci Hatice Nayman Mediating Effect of Pleasure-Seeking and Loss Aversion in the Relationship Between Phantasy and Financial Risk Tolerance and the Moderating Role of Confidence Folia Oeconomica Stetinensia phantasy loss aversion pleasure seeking confidence financial risk tolerance g40 g41 |
| title | Mediating Effect of Pleasure-Seeking and Loss Aversion in the Relationship Between Phantasy and Financial Risk Tolerance and the Moderating Role of Confidence |
| title_full | Mediating Effect of Pleasure-Seeking and Loss Aversion in the Relationship Between Phantasy and Financial Risk Tolerance and the Moderating Role of Confidence |
| title_fullStr | Mediating Effect of Pleasure-Seeking and Loss Aversion in the Relationship Between Phantasy and Financial Risk Tolerance and the Moderating Role of Confidence |
| title_full_unstemmed | Mediating Effect of Pleasure-Seeking and Loss Aversion in the Relationship Between Phantasy and Financial Risk Tolerance and the Moderating Role of Confidence |
| title_short | Mediating Effect of Pleasure-Seeking and Loss Aversion in the Relationship Between Phantasy and Financial Risk Tolerance and the Moderating Role of Confidence |
| title_sort | mediating effect of pleasure seeking and loss aversion in the relationship between phantasy and financial risk tolerance and the moderating role of confidence |
| topic | phantasy loss aversion pleasure seeking confidence financial risk tolerance g40 g41 |
| url | https://doi.org/10.2478/foli-2023-0017 |
| work_keys_str_mv | AT arenselim mediatingeffectofpleasureseekingandlossaversionintherelationshipbetweenphantasyandfinancialrisktoleranceandthemoderatingroleofconfidence AT hamamcihaticenayman mediatingeffectofpleasureseekingandlossaversionintherelationshipbetweenphantasyandfinancialrisktoleranceandthemoderatingroleofconfidence |