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Relationship between an inconsistent degree of financial literacy and inconsistent decision-making in intertemporal choices

Intertemporal choice refers to the decision-making process involving trade-offs between rewards available at different points in time (such as choosing between smaller immediate rewards versus larger rewards later on). Empirical evidence often deviates from the exponential preferences predicted by t...

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Principais autores: Viviana Ventre, Roberta Martino, María José Muñoz Torrecillas
Format: Artigo
Sprog:Inglês
Udgivet: Elsevier 2024-03-01
Serier:Heliyon
Fag:
Intertemporal choice
Hyperbolic discounting
Inconsistency
Financial literacy
MiFID
Investor profiling
Online adgang:http://www.sciencedirect.com/science/article/pii/S2405844024032845
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