Academic performance and Prospect Theory: an empirical study of decision behavior

Henrique Fonseca Genelhu Soares and Claudio Henrique da Silveira Barbedo

RAC - Revista de Administração Contemporânea (Journal of Contemporary Administration), 2013, vol. 17, issue 1, 64-82

Abstract: This study aims to identify the existence of a statistical relationship between rational choice and academic performance of undergraduate university students, based on Grinblatt, Keloharju and Linnainmaa (2011). With the use of questionnaires to collect data and logit regressions, the results show that Academic Performance (AP) has a direct relationship with the rationality of choices and alters cognitive biases in decision making. In this sense, students with higher AP made more rational choices than students with lower AP, which means a lower susceptibility to cognitive biases.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:abg:anprac:v:17:y:2013:i:1:975

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