Publicação
Designing personalized intelligent decision support systems: the impact of risk attitude on using secury selection models
| Resumo: | The variety of investment methods and the complexity of investment decisions have increased steadily in the last two decades. This growth has created a need for comprehensive and expandable financial decision support systems that embody major approaches toward investment decisions. The question is whether such systems should take into account the investor's unique requirements and personal characteristics. This paper reports on the first phase of our research. Here, we design such a system, create a prototype, and use it for an exploratory investigation of the impact of investors' individual characteristics on their use of models in making decisions. More specifically, we report on how investors' attitudes towards risk, gender, and age relatetheir choice of investment models. |
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| Autores principais: | Reis, António Palma dos |
| Outros Autores: | Zahedi, Fatemeh Miriam |
| Assunto: | Decision Support Systems Financial DSS Human / Computer Interaction Intelligent Systems Personalizing DSS |
| Ano: | 1998 |
| País: | Portugal |
| Tipo de documento: | working paper |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório da Universidade de Lisboa |
| Resumo: | The variety of investment methods and the complexity of investment decisions have increased steadily in the last two decades. This growth has created a need for comprehensive and expandable financial decision support systems that embody major approaches toward investment decisions. The question is whether such systems should take into account the investor's unique requirements and personal characteristics. This paper reports on the first phase of our research. Here, we design such a system, create a prototype, and use it for an exploratory investigation of the impact of investors' individual characteristics on their use of models in making decisions. More specifically, we report on how investors' attitudes towards risk, gender, and age relatetheir choice of investment models. |
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