Individual investor perceptions and behavior during the financial crisis

Article ID	Journal	Published Year	Pages	File Type
5089391	Journal of Banking & Finance	2013	15 Pages	PDF

Abstract

âº We study how investor perceptions and behavior change during the financial crisis. âº Return expectations and risk tolerance decrease, while risk perceptions increase. âº Trading and risk-taking behavior fluctuate, driven by changes in perceptions. âº Ultimately, perceptions recover, and so does investor behavior.

Keywords

G01 G24 D81 D14 G11 Financial crisis Trading behavior Risk-taking behavior Individual investors

Related Topics

Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics

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Individual investor perceptions and behavior during the financial crisis

Authors

Arvid O.I. Hoffmann, Thomas Post, Joost M.E. Pennings,