Positional concerns and framing effects in financial preferences
Assia Houfaf Khoufaf
(1)
,
Latifa Barbara
(2)
,
Gilles G. Grolleau
(3, 4, 5)
,
Assia Houfaf Khoufaf
,
Youcef Meriane
(1)
,
Naoufel Mzoughi
(6)
1
ENSM -
Ecole nationale supérieure de management - pôle universitaire Koléa
2 MDI Alger Business School
3 LAMETA - Laboratoire Montpelliérain d'Économie Théorique et Appliquée
4 CEE-M - Centre d'Economie de l'Environnement - Montpellier - FRE2010
5 BSB - Burgundy School of Business (BSB) - Ecole Supérieure de Commerce de Dijon Bourgogne (ESC)
6 ECODEVELOPPEMENT - Unité de recherche d'Écodéveloppement
2 MDI Alger Business School
3 LAMETA - Laboratoire Montpelliérain d'Économie Théorique et Appliquée
4 CEE-M - Centre d'Economie de l'Environnement - Montpellier - FRE2010
5 BSB - Burgundy School of Business (BSB) - Ecole Supérieure de Commerce de Dijon Bourgogne (ESC)
6 ECODEVELOPPEMENT - Unité de recherche d'Écodéveloppement
Assia Houfaf Khoufaf
- Fonction : Auteur
- PersonId : 1042020
Gilles G. Grolleau
- Fonction : Auteur
- PersonId : 173592
- IdHAL : gilles-grolleau
- ORCID : 0000-0003-2932-8870
- IdRef : 069697175
Assia Houfaf Khoufaf
- Fonction : Auteur
Youcef Meriane
- Fonction : Auteur
- PersonId : 1042019
Naoufel Mzoughi
- Fonction : Auteur
- PersonId : 743968
- IdHAL : naoufel-mzoughi
- ORCID : 0000-0002-8153-4615
- IdRef : 095213627
Résumé
We examine the relevance of relative standings in the financial domain. We introduced innovative hypotheses by testing whether framing (gain versus loss, risk level, amounts versus percentage, and money origin) affects stated positional preferences. Based on a quasi-experimental survey in Algeria (North Africa), our results show that while egalitarian concerns are prevalent in financial preferences among participants, positional and absolute states are also selected by a significant proportion of respondents. We also found some support to the insight that positional preferences are affected by framing, since loss/gain and risk framings are found to be significant. In other words, the proportion of respondents having positional preferences was found to be significantly higher in the gain (respectively, risky) framing, compared to a symmetric loss (respectively, certain) situation.
Domaines
Economies et financesFormat du dépôt | Fichier |
---|---|
Type de dépôt | Article dans une revue |
Résumé |
en
We examine the relevance of relative standings in the financial domain. We introduced innovative hypotheses by testing whether framing (gain versus loss, risk level, amounts versus percentage, and money origin) affects stated positional preferences. Based on a quasi-experimental survey in Algeria (North Africa), our results show that while egalitarian concerns are prevalent in financial preferences among participants, positional and absolute states are also selected by a significant proportion of respondents. We also found some support to the insight that positional preferences are affected by framing, since loss/gain and risk framings are found to be significant. In other words, the proportion of respondents having positional preferences was found to be significantly higher in the gain (respectively, risky) framing, compared to a symmetric loss (respectively, certain) situation.
|
Titre |
en
Positional concerns and framing effects in financial preferences
|
Auteur(s) |
Assia Houfaf Khoufaf
1
, Latifa Barbara
2
, Gilles G. Grolleau
3, 4, 5
, Assia Houfaf Khoufaf
, Youcef Meriane
1
, Naoufel Mzoughi
6
1
ENSM -
Ecole nationale supérieure de management - pôle universitaire Koléa
( 464020 )
- Pôle universitaire de Koléa
- Algérie
2
MDI Alger Business School
( 492212 )
- Algérie
3
LAMETA -
Laboratoire Montpelliérain d'Économie Théorique et Appliquée
( 2583 )
- Avenue Raymond Dugrand-CS79606, 34960 Montpellier cedex 2
- France
4
CEE-M -
Centre d'Economie de l'Environnement - Montpellier - FRE2010
( 532853 )
- 2 Place Viala
INRA - MSA
34060 Montpellier Cedex 2
- France
5
BSB -
Burgundy School of Business (BSB) - Ecole Supérieure de Commerce de Dijon Bourgogne (ESC)
( 336963 )
- 29 Rue Sambin-BP50608
21006 Dijon Cedex
FRANCE
- France
6
ECODEVELOPPEMENT -
Unité de recherche d'Écodéveloppement
( 37734 )
- INRAE Domaine Saint-Paul
- Site Agroparc
- 84914 AVIGNON CEDEX 9
- France
|
Commentaire |
WOS:000432447000017
|
Page/Identifiant |
183-189
|
Volume |
68
|
Date de publication |
2018
|
Audience |
Internationale
|
Comité de lecture |
Oui
|
Vulgarisation |
Non
|
Nom de la revue |
|
Langue du document |
Anglais
|
Localisation géographique du document |
Centre de documentation P. Bartoli, UMR LAMETA, Montpellier (S BR 1968)
|
Public visé |
Scientifique
|
Sous-type de document pour les Articles |
Research article
|
Licence |
Paternité - Pas d'utilisation commerciale - Partage selon les Conditions Initiales
|
Voir aussi |
|
Domaine(s) |
|
Mots-clés (JEL) |
|
Indexation contrôlée |
|
Mots-clés |
en
positional concerns, Algeria, financial preferences, framing
|
DOI | 10.1016/j.qref.2017.09.002 |
ProdINRA | 409633 |
UT key WOS | 000432447000017 |
Origine :
Fichiers produits par l'(les) auteur(s)
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