股票交易中的ADHD特征和财务决策
Max Witry1, Marcel Schulze2, Niclas Braun2
1Department of Psychiatry, University Hospital Bonn, Venusberg Campus 1, 53127, Bonn, Germany. max.witry@ukbonn.de.
Scientific reports
|August 31, 2025
概括
注意缺陷/多动症 (ADHD) 的特征与在线交易者更高的金融风险容忍度和投机性交易有关. 这些特征可能导致投资决策不佳,强调需要有针对性的财务指导.
科学领域:
- 神经发育障碍
- 行为金融
- 金融心理学
背景情况:
- 注意缺陷/多动症 (ADHD) 是一种影响注意力和冲动的神经发育状况.
- 在ADHD和学术/职业挑战之间存在着确定的联系.
- 特别是在高风险的在线交易中, ADHD 的特征与财务行为之间的关系不太清楚.
研究的目的:
- 研究ADHD特征与活跃在线交易者的财务决策之间的关联.
- 探索ADHD特征与金融风险容忍,交易活动和投资组合表现的关系.
主要方法:
- 对945名活跃在线交易者的横截面研究.
- 使用了自我报告的ADHD特征尺度.
- 通过标准化措施评估金融风险承受能力 (FRT),交易活动和投资组合表现.
主要成果:
- 具有ADHD特征的参与者表现出明显更高的FRT,并参与了更多的投机交易.
- ADHD特征与FRT正相关,与投资组合回报负相关.
- 回归分析表明交易频率,投机性风险承担和回报预期预测了ADHD特征,而较高的投资组合回报和风险得分与较低的ADHD特征有关.
结论:
- 缺乏注意力和冲动性等ADHD特征可能会导致在不稳定的在线交易环境中做出不理想的财务决策.
- 临床医生应在评估中考虑ADHD特征,并提高人们的认识, 以防止投资选择不当.
- 建议对ADHD特征较高的人进行进一步的纵向研究和有针对性的财务指导.
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