Gender and personal finance management

Zohar Rusou, Moty Amar, Shahar Ayal

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

1 Scopus citations

Abstract

The chapter reviews gender related differences in saving and investment behavior and in debt management, and the major factors that have been identified in previous research as influencing the quality of financial decisions making, such as risk attitudes, financial literacy, confidence in financial knowledge and cognitive style. In addition, we analyze preliminary data from our laboratory studies on men and women’s management ofmultiple debt accounts. Based on our findings, we suggest possible mechanisms that drive gender similarities and differences in behavior.

Original languageEnglish
Title of host publicationBEHAVIORAL FINANCE
Subtitle of host publicationWHERE DO INVESTORS’ BIASES COME FROM?
PublisherWorld Scientific Publishing Co.
Pages193-215
Number of pages23
ISBN (Electronic)9789813100091
DOIs
StatePublished - 1 Jan 2016
Externally publishedYes

Bibliographical note

Publisher Copyright:
© 2017 by World Scientific Publishing Co. Pte. Ltd.

Keywords

  • Debt repayment
  • Financial decision making
  • Financial literacy
  • Gender differences
  • Investment and saving behavior
  • Risk attitudes

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