Household bargaining, financial decision-making and risk tolerance

This study examines the financial investment decision-making and risk behaviors of Malaysian men and women. It uses data obtained from a survey of employed Malaysians to test two opposing models of household decision making, the income pooling hypothesis and the bargaining model. Ordinal probit regr...

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Main Author:	Abdullah Yusof, Selamah
Format:	Article
Language:	English English
Published:	Unimas 2015
Subjects:	HG179 Personal finance HQ503 The family. Marriage. Home
Online Access:	http://irep.iium.edu.my/48643/ http://irep.iium.edu.my/48643/ http://irep.iium.edu.my/48643/1/ijbs_Vol16-no2-paper4.pdf http://irep.iium.edu.my/48643/2/ijbs_Vol16-no2-paper4.pdf

id	iium-48643
recordtype	eprints
spelling	iium-486432017-10-26T07:39:27Z http://irep.iium.edu.my/48643/ Household bargaining, financial decision-making and risk tolerance Abdullah Yusof, Selamah HG179 Personal finance HQ503 The family. Marriage. Home This study examines the financial investment decision-making and risk behaviors of Malaysian men and women. It uses data obtained from a survey of employed Malaysians to test two opposing models of household decision making, the income pooling hypothesis and the bargaining model. Ordinal probit regressions are estimated to determine if earning share affects decisions on financial investments, and to identify factors that affect risk tolerance of men and women. The results indicate that although both men and women practice autonomy in decisions related to financial investments, women have lower risk tolerance than men. The results on decision making are consistent with the bargaining model as reflected in the importance of relative earning share in financial decision making. Unimas 2015 Article PeerReviewed application/pdf en http://irep.iium.edu.my/48643/1/ijbs_Vol16-no2-paper4.pdf application/pdf en http://irep.iium.edu.my/48643/2/ijbs_Vol16-no2-paper4.pdf Abdullah Yusof, Selamah (2015) Household bargaining, financial decision-making and risk tolerance. International Journal of Business and Society, 16 (2). pp. 221-236. ISSN 1511-6670 http://www.ijbs.unimas.my/
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG179 Personal finance HQ503 The family. Marriage. Home
spellingShingle	HG179 Personal finance HQ503 The family. Marriage. Home Abdullah Yusof, Selamah Household bargaining, financial decision-making and risk tolerance
description	This study examines the financial investment decision-making and risk behaviors of Malaysian men and women. It uses data obtained from a survey of employed Malaysians to test two opposing models of household decision making, the income pooling hypothesis and the bargaining model. Ordinal probit regressions are estimated to determine if earning share affects decisions on financial investments, and to identify factors that affect risk tolerance of men and women. The results indicate that although both men and women practice autonomy in decisions related to financial investments, women have lower risk tolerance than men. The results on decision making are consistent with the bargaining model as reflected in the importance of relative earning share in financial decision making.
format	Article
author	Abdullah Yusof, Selamah
author_facet	Abdullah Yusof, Selamah
author_sort	Abdullah Yusof, Selamah
title	Household bargaining, financial decision-making and risk tolerance
title_short	Household bargaining, financial decision-making and risk tolerance
title_full	Household bargaining, financial decision-making and risk tolerance
title_fullStr	Household bargaining, financial decision-making and risk tolerance
title_full_unstemmed	Household bargaining, financial decision-making and risk tolerance
title_sort	household bargaining, financial decision-making and risk tolerance
publisher	Unimas
publishDate	2015
url	http://irep.iium.edu.my/48643/ http://irep.iium.edu.my/48643/ http://irep.iium.edu.my/48643/1/ijbs_Vol16-no2-paper4.pdf http://irep.iium.edu.my/48643/2/ijbs_Vol16-no2-paper4.pdf
first_indexed	2023-09-18T21:08:57Z
last_indexed	2023-09-18T21:08:57Z
_version_	1777411122303860736

Household bargaining, financial decision-making and risk tolerance

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