Financial decision making under uncertainty: a study with undergraduate students on accounting and business administration
DOI:
https://doi.org/10.11606/rco.v11i30.121748Keywords:
Uncertainty. Decision Making. Behavioral Finance. Accounting Education.Abstract
The purpose of this study is to verify the effect of uncertainty on financial decision-making by undergraduate students on accounting and business administration analyzing the influence of gender on the level of uncertainty aversion. We applied a survey based on Gneezy, List e Wu (2006) to 155 undergraduate students from accounting and business administration of a Brazilian Northeast public university. Evidence indicate the presence of uncertainty effect on students’ decision-making behavior. However, there was no evidence that gender has considerable influence on the level of uncertainty aversion. The research suggests however, there might be other effects which generally are not considered in similar surveys applied to undergraduate students.
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