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Gender-specific differences in the financial decision-making behaviour

Gender-specific differences in the financial decision-making behaviour

Paperback

Economics

ISBN10: 3668191239
ISBN13: 9783668191235
Publisher: Grin Verlag
Published: May 7 2016
Pages: 84
Weight: 0.27
Height: 0.20 Width: 5.83 Depth: 8.27
Language: English
Bachelor Thesis from the year 2015 in the subject Economics - Finance, grade: 1,7, University of Applied Sciences Trier, course: Finance, language: English, abstract: The purpose of this paper is to examine, whether gender differences in financial behaviour are still evident nowadays. Commonly it is assumed that women tend to be more risk-averse while men are more risky and overconfident in regard to financial topics. These assumptions of gender-differences are investigated in this research. Further this paper explores the gender-based differences in financial literacy as well as the gender disparities in obtaining information. A survey was conducted to gain information about the financial behaviour of undergraduate students from the Trier University of Applied Sciences. Results show that, in this sample, gender does not influence risk-taking behaviour, financial knowledge, or the way of obtaining information but only affects the degree of confidence.

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Economics