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- W2083146342 abstract "This paper explores conceptual, methodological, and empirical issues related to the development of a financial risk-tolerance assessment instrument. Financial risk tolerance is a significant factor in a number of household financial decisions, yet few recognized, valid, and reliable methods of assessment are available for use by financial service providers and educators. Empirical results from a multistage development of a 13-item risk assessment instrument are discussed. The multidimensional instrument is presented as the foundation for the development of a more widely used and accepted index. Future use by practitioners and researchers is encouraged to further validate the usefulness of the instrument.JEL classification:D81" @default.
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- W2083146342 date "1999-01-01" @default.
- W2083146342 modified "2023-10-16" @default.
- W2083146342 title "Financial risk tolerance revisited: the development of a risk assessment instrumentâ" @default.
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- W2083146342 doi "https://doi.org/10.1016/s1057-0810(99)00041-4" @default.
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