She's built for it: differential investment performance in South Africa based on gender

dc.contributor.advisorWest, Darronen_ZA
dc.contributor.authorWillows, Gizelleen_ZA
dc.date.accessioned2015-01-11T05:03:59Z
dc.date.available2015-01-11T05:03:59Z
dc.date.issued2012en_ZA
dc.descriptionIncludes abstract.en_ZA
dc.descriptionIncludes bibliographical references.en_ZA
dc.description.abstractResearch in behavioural finance has shown that individuals do not always behave rationally. As a result of this they do not make investment decisions in such a way as to maximise their expect- ed utility. Certain behavioural biases have been found to explain this behaviour. Furthermore, differences have been observed in how these biases manifest in men and women. Men have been found to be more overconfident when estimating their own skills and chances of success. Hence, they tend to exhibit stronger self-efficacy and self-attribution biases. Differentials in the risk preferences of men and women are apparent: men display higher risk tolerances and women are more risk averse. A sample of 19,021 individual investors from a South African investment house was analysed over five years (2007 - 2011) in order to draw conclusions on the trading behaviour.en_ZA
dc.identifier.apacitationWillows, G. (2012). <i>She's built for it: differential investment performance in South Africa based on gender</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax. Retrieved from http://hdl.handle.net/11427/12075en_ZA
dc.identifier.chicagocitationWillows, Gizelle. <i>"She's built for it: differential investment performance in South Africa based on gender."</i> Thesis., University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax, 2012. http://hdl.handle.net/11427/12075en_ZA
dc.identifier.citationWillows, G. 2012. She's built for it: differential investment performance in South Africa based on gender. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Willows, Gizelle AB - Research in behavioural finance has shown that individuals do not always behave rationally. As a result of this they do not make investment decisions in such a way as to maximise their expect- ed utility. Certain behavioural biases have been found to explain this behaviour. Furthermore, differences have been observed in how these biases manifest in men and women. Men have been found to be more overconfident when estimating their own skills and chances of success. Hence, they tend to exhibit stronger self-efficacy and self-attribution biases. Differentials in the risk preferences of men and women are apparent: men display higher risk tolerances and women are more risk averse. A sample of 19,021 individual investors from a South African investment house was analysed over five years (2007 - 2011) in order to draw conclusions on the trading behaviour. DA - 2012 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2012 T1 - She's built for it: differential investment performance in South Africa based on gender TI - She's built for it: differential investment performance in South Africa based on gender UR - http://hdl.handle.net/11427/12075 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/12075
dc.identifier.vancouvercitationWillows G. She's built for it: differential investment performance in South Africa based on gender. [Thesis]. University of Cape Town ,Faculty of Commerce ,Department of Finance and Tax, 2012 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/12075en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentDepartment of Finance and Taxen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.subject.otherFinancial Managementen_ZA
dc.titleShe's built for it: differential investment performance in South Africa based on genderen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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