Document Type

Student Research Paper


Fall 2021

Academic Department


Faculty Advisor(s)

Dr. Bryan Greenberg


Decision making is a rich field of study explored across multiple disciplines in a variety of settings. One specific area that has received a great deal of attention is financial decision making, most notably Kahneman and Tversky’s (1979) work on psychological patterns affecting risk aversion in individuals. There are, however, areas yet unexplored, including the role of personality, group composition, as well as emotion regulation. This study seeks to explore these concepts. To accomplish this, an experimental approach was utilized to test risk aversion levels of individuals and partners in their financial decision making. Introversion, extraversion, emotion regulation, anger, and stress, were also accounted for. Overall, results were mixed but did demonstrate promise that emotion regulation, anger, introversion and extraversion were factors in financial decision making.


Honors Senior Thesis; Honors in the Discipline

Included in

Business Commons