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South African risk behaviour archetypes in the domain of discretionary investments

Thesis (MCom)--Stellenbosch University, 2022.

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Bibliographic Details
Main Author: Nixon, Paul
Other Authors: Gilbert, Evan
Format: Thesis
Language:en_ZA
Published: Stellenbosch : Stellenbosch University 2022
Subjects:
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access_status_str Open Access
author Nixon, Paul
author2 Gilbert, Evan
author_browse Gilbert, Evan
Nixon, Paul
author_facet Gilbert, Evan
Nixon, Paul
author_sort Nixon, Paul
collection Thesis
dc_rights_str_mv Stellenbosch University
description Thesis (MCom)--Stellenbosch University, 2022.
format Thesis
id oai:scholar.sun.ac.za:10019.1/124650
institution Stellenbosch University (South Africa)
language en_ZA
last_indexed 2026-06-10T12:46:43.557Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository
publishDate 2022
publishDateRange 2022
publishDateSort 2022
publisher Stellenbosch : Stellenbosch University
publisherStr Stellenbosch : Stellenbosch University
record_format dspace
source_str SUNScholar — Stellenbosch University Repository
spelling oai:scholar.sun.ac.za:10019.1/124650 South African risk behaviour archetypes in the domain of discretionary investments Nixon, Paul Gilbert, Evan De Villiers, Johann U. Stellenbosch University. Faculty of Economic and Management Sciences. Dept of Business Management Decision making -- Psychological aspects -- South Africa Discretionary trusts -- Decision making -- South Africa Stockholders -- Attitudes -- Psychological aspects -- South Africa Portfolio management -- Risk factors -- South Africa Cumulative Prospect Theory UCTD Thesis (MCom)--Stellenbosch University, 2022. ENGLISH SUMMARY : More recent models of decision making under conditions of risk have built on Cumulative Prospect Theory. They propose that, in addition to the framing of choices, individuals' recent experiences of investments can lead to them making investment switching decisions that could potentially harm their chances of reaching their desired investment returns. A dynamic model of risk preferences is key to explaining investor behaviour during evolving market conditions. This study partitions investors into homogenous groups by using the medoids clustering algorithm based on the dimensions highlighted by this body of theory. This provides evidence to support this dynamic perspective on risk-based decision- making behaviour and demonstrates the viability of this method for segmenting investors from an advice, marketing and communications perspective. This should be of value to financial advice and investment management practitioners. AFRIKAANSE OPSOMMING : Geen opsomming beskikbaar. Masters 2022-03-07T06:52:43Z 2022-04-29T09:24:29Z 2022-03-07T06:52:43Z 2022-04-29T09:24:29Z 2022-04 Thesis http://hdl.handle.net/10019.1/124650 en_ZA Stellenbosch University vi, 84 pages : illustrations, includes annexures application/pdf Stellenbosch : Stellenbosch University
spellingShingle Decision making -- Psychological aspects -- South Africa
Discretionary trusts -- Decision making -- South Africa
Stockholders -- Attitudes -- Psychological aspects -- South Africa
Portfolio management -- Risk factors -- South Africa
Cumulative Prospect Theory
UCTD
Nixon, Paul
South African risk behaviour archetypes in the domain of discretionary investments
title South African risk behaviour archetypes in the domain of discretionary investments
title_full South African risk behaviour archetypes in the domain of discretionary investments
title_fullStr South African risk behaviour archetypes in the domain of discretionary investments
title_full_unstemmed South African risk behaviour archetypes in the domain of discretionary investments
title_short South African risk behaviour archetypes in the domain of discretionary investments
title_sort south african risk behaviour archetypes in the domain of discretionary investments
topic Decision making -- Psychological aspects -- South Africa
Discretionary trusts -- Decision making -- South Africa
Stockholders -- Attitudes -- Psychological aspects -- South Africa
Portfolio management -- Risk factors -- South Africa
Cumulative Prospect Theory
UCTD
url http://hdl.handle.net/10019.1/124650
work_keys_str_mv AT nixonpaul southafricanriskbehaviourarchetypesinthedomainofdiscretionaryinvestments