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Purchasing higher risk financial investments have been a means to maximize individual wealth. This phenomenon is seen while there is a high uncertainty about the higher risk financial investments. Facing uncertainty, an individual may assess psychological or economic loss, and then develop risk-reducing strategies. Viewing information searches as risk-reducing strategies in this study, we attempted...
Risk aversion is one of major psychological determinants of risky decision-making behavior and information search is often used as a way to overcome perceived risk by investors. This study attempted to propose a mediated model of the determinants of risky investment decision making where theorizing that the effect of risk aversion on risky investment decision was mediated by information search, integrating...
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