Athena vs Lyssa: The role of financial literacy and emotions in financial decisions
| Componente | Categoria |
|---|---|
| Marcella Corsi | Componenti strutturati del gruppo di ricerca / Structured participants in the research project |
| Jacopo Temperini | Dottorando/Assegnista/Specializzando componente non strutturato del gruppo di ricerca / PhD/Assegnista/Specializzando member non structured of the research group |
| Giulia Zacchia | Componenti strutturati del gruppo di ricerca / Structured participants in the research project |
| Carlo D'Ippoliti | Componenti strutturati del gruppo di ricerca / Structured participants in the research project |
| Nerio Naldi | Componenti strutturati del gruppo di ricerca / Structured participants in the research project |
| Roberta Di Stefano | Dottorando/Assegnista/Specializzando componente non strutturato del gruppo di ricerca / PhD/Assegnista/Specializzando member non structured of the research group |
| Componente | Qualifica | Struttura | Categoria |
|---|---|---|---|
| Patrizia Sbriglia | PA | Dipartimento di Economia - Università degli studi della Campania Luigi Vanvitelli | Altro personale aggregato Sapienza o esterni, titolari di borse di studio di ricerca / Other aggregate personnel Sapienza or other institution, holders of research scholarships |
| Federica Alberti | PA | Portsmouth Business School - University of Portsmouth | Altro personale aggregato Sapienza o esterni, titolari di borse di studio di ricerca / Other aggregate personnel Sapienza or other institution, holders of research scholarships |
| Kei Tsutsui | PA | Department of Economics - University of Bath | Altro personale aggregato Sapienza o esterni, titolari di borse di studio di ricerca / Other aggregate personnel Sapienza or other institution, holders of research scholarships |
| Peter G. Moffatt | PO | School of Economics - University of East Anglia | Altro personale aggregato Sapienza o esterni, titolari di borse di studio di ricerca / Other aggregate personnel Sapienza or other institution, holders of research scholarships |
It is acknowledged by a large volume of research in the past two decades that emotions play an essential role in individuals' life; a role which also encroaches upon the realm of financial decision-making. The project "Athena vs Lyssa" wants to provide further evidence for such a role by means of an experimental approach with salient monetary incentives and an analysis based on sound methodological criteria. However, its ambitions are not limited to this. Indeed, the project aspires to uncover whether and to what extent financial literacy may divert such a process. The intuition behind this idea is that emotions matter for financial decision-making, but financial literacy, by making individuals more informed and cautious about their portfolio investments, may reduce the final relevance of emotions. Finally, the project's aims go even further in trying to assess whether there are gender differences in this process. The relevance of a gender perspective for the effect of emotions and financial literacy on financial decision-making is shown by simple statistics about gender gaps in longevity (women tend to live longer than men), in levels of participation in the labour market, in wages and pensions. This makes women¿s financial (in)security a non-negligible issue.