Date of Award
5-14-2012
Document Type
Open Access Honors Thesis
Degree Name
Bachelor of Science in Management
Department
Accounting and Finance
Advisor
Sally Wright
Director
Jeffrey Keisler
Subject Categories
Business | Finance and Financial Management
Abstract
Risk aversion is a concept that tries to understand an individual’s choice, when two options are presented with different levels of risk and reward. This concept can be applied to finance when looking at investors decisions to invest in options with different levels of risk and returns. This study examines if having played a collegiate sport will impact the level of risk aversion an investor has. In order to determine this, an experiment was given to Graduate students working on a Master’s degree in business. The experiment consisted of six different stock options representing different levels of risk. From this data, it was found that playing a collegiate sport makes an investor more likely to invest in a risky investment, as well as value that investment as less risky than it should be valued.
Creative Commons License
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Recommended Citation
Buccetti, Tyler, "Risk Aversion and Former Collegiate Athletes as Financial Investors" (2012). Honors Thesis Program in the College of Management. 1.
https://scholarworks.umb.edu/management_hontheses/1