A review on personality models and investment decisions

Aniruddha S. Rao and Savitha G. Lakkol

Journal of Behavioral and Experimental Finance, 2022, vol. 35, issue C

Abstract: The personality of individuals influences the way one processes the information and take decisions. There are various personality models used to identify an individual’s predisposition. The review paper intends to offer a systematic review of various personality models used in the area of behavioral finance to determine the characteristics of investors. This review paper aims to understand various personality models, their origin, development along the practical application while providing an overview of advantages and critics. In addition, we present an overview of measurement instruments and the adaptation of these models across various fields of study in recent time. This might help future researchers in determining an appropriate personality model suitable for their study.

Keywords: Personality models; HEXACO; Five factor model; Keirsey temperament; MBTI (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S2214635022000399

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:beexfi:v:35:y:2022:i:c:s2214635022000399

DOI: 10.1016/j.jbef.2022.100691

Access Statistics for this article

Journal of Behavioral and Experimental Finance is currently edited by Michael Dowling and Jürgen Huber

More articles in Journal of Behavioral and Experimental Finance from Elsevier
Bibliographic data for series maintained by Catherine Liu ().