publication . Preprint . 2015

Emotional Intelligence and risk taking in investment decision-making

Enrico Rubaltelli; Sergio Agnoli; Michela Rancan; Tiziana Pozzoli;
Open Access
  • Published: 01 Jul 2015
Abstract
Previous work on investment decision-making suggested that emotions prevent investors from taking risks and from investing in a rational way, whereas other work found that there is great variability in people’s ability to manage and use emotional feedbacks. We hypothesized that people with high trait emotional intelligence should be more willing, than people with low trait emotional intelligence, to accept risks when making an investment. Data supported a model in which trait emotional intelligence predicted willingness to invest both when the expected value is positive and when it is negative. The effect of trait emotional intelligence was significant even cont...
Subjects
free text keywords: emotional intelligence, investment, money, risk, jel:G11
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