Context Moderates Priming Effects on Financial Risk Taking
Journal article
Aldrovandi, S., Kusev, P., Hill, T. and Vlaev, I. (2017). Context Moderates Priming Effects on Financial Risk Taking. Risks. 5 (1), p. 18. https://doi.org/10.3390/risks5010018
Authors | Aldrovandi, S., Kusev, P., Hill, T. and Vlaev, I. |
---|---|
Abstract | Previous research has shown that risk preferences are sensitive to the financial domain in which they are framed. In the present paper, we explore whether the effect of negative priming on risk taking is moderated by financial context. A total of 120 participants completed questionnaires, where risky choices were framed in six different financial scenarios. Half of the participants were allocated to a negative priming condition. Negative priming reduced risk-seeking behaviour compared to a neutral condition. However, this effect was confined to non-experiential scenarios (i.e., gamble to win, possibility to lose), and not to ‘real world’ financial products (e.g., pension provision). The results call into question the generalisability of priming effects on different financial contexts |
Year | 2017 |
Journal | Risks |
Journal citation | 5 (1), p. 18 |
Publisher | MDPI |
ISSN | 2227-9091 |
Digital Object Identifier (DOI) | https://doi.org/10.3390/risks5010018 |
Web address (URL) | http://dx.doi.org/10.3390/risks5010018 |
Publication dates | |
Online | 14 Mar 2017 |
Publication process dates | |
Accepted | 09 Mar 2017 |
Deposited | 17 Aug 2022 |
Publisher's version | License File Access Level Open |
https://openresearch.lsbu.ac.uk/item/91q90
Download files
67
total views25
total downloads3
views this month1
downloads this month