1993•Financial ReviewRequires access

Do More Risk‐Averse Investors Have Lower Net Worth and Income?

Thomas H. McInish, Sridhar N. Ramaswami, Rajendra K. Srivastava

Abstract

Abstract This study examines the relationship between attitude toward risk and both net worth and income. The data are obtained from a financial diary kept by a national, scientifically selected sample of more than 3000 households. Results show that both net worth and income are negatively related to risk aversion.

About this research paper

What this paper is about

Why it matters

OpenAlex reports 26 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Key concepts: Net worth, Net income, Risk aversion (psychology), Sample (material), Economics, Net (polyhedron), Net national income, Actuarial science