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dc.contributor.authorMoya-Ponce, Claudine
dc.contributor.authorMadrazo-Lemaroy, Pilar
dc.date.accessioned2023-06-02T15:59:23Z
dc.date.available2023-06-02T15:59:23Z
dc.date.issued2023-05-31
dc.identifier.citationCuadernos de Gestión 23(2) : 69-80 (2023)es_ES
dc.identifier.issn1131-6837 (print)
dc.identifier.issn1988-2157 (online)
dc.identifier.urihttp://hdl.handle.net/10810/61302
dc.description.abstract[EN] Heuristics and biases are the result of intuitive thinking, which is shaped starting from intuitions, feelings, and impressions, which later emerge as beliefs once processed through analytical thinking. In this study, we examine beliefs that provide a foundation for heuristics and biases in financial decision-making through in-depth interviews with 31 upper-class Mexican emerging adults. We found feelings of mistrust that provide a foundation for foreign bias, non-herding behavior and reliance on professional advice, as well as lower-risk investing beliefs that then drive sustainable investing. We also found reflection that their money, in light of their narrative is either saved or invested regardless of its source and that lenders were framed as investors to avoid the shame they associate with borrowing. Implications for future research, educational interventions and providers of financial services are discussed.es_ES
dc.description.abstract[ES] La heurística y los sesgos son resultado del pensamiento intuitivo que, a partir de intuiciones, sentimientos e impresiones, surgen como creencias una vez que son procesados a través del pensamiento analítico. En el presente trabajo examinamos las creencias que fundamentan heurísticas y sesgos en la toma de decisiones financieras, a través de 31 entrevistas a jóvenes mexicanos de clase socio-económica alta. Encontramos que la desconfianza es la causa común de decisiones como: invertir en otro país, evitar el comportamiento de manada y solo escuchar a asesores profesionales de su contexto social. Prefieren las inversiones sustentables, no por congruencia con sus valores, sino por la creencia de que son menos riesgosas. Ahorran o invierten su dinero independientemente de su fuente. Dado que consideran que pedir prestado es vergonzoso, etiquetan a los prestamistas como inversionistas. Finalmente, presentamos opciones para futuras investigaciones, así como implicaciones para intervenciones educativas y proveedores de servicios financieros.es_ES
dc.description.sponsorshipWe thank Dr. Griselda Dávila Aragón, Academic Secretary and Dr. Salvador Rivas Aceves, Secretary of Research, both from the Faculty of Economic and Business Sciences of Universidad Panamericana, for their unconditional support.es_ES
dc.language.isoenges_ES
dc.publisherInstituto de Economía Aplicada a la Empresa (Universidad del País Vasco UPV/EHU)es_ES
dc.rightsinfo:eu-repo/semantics/openAccesses_ES
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subjectheuristicses_ES
dc.subjectherdinges_ES
dc.subjectforeign-biases_ES
dc.subjectsustainable investinges_ES
dc.subjectexpert advicees_ES
dc.subjectMexicoes_ES
dc.subjectcomportamiento de manadaes_ES
dc.subjectsesgo extranjeroes_ES
dc.subjectinversión sosteniblees_ES
dc.subjectAsesores profesionaleses_ES
dc.subjectMéxicoes_ES
dc.titleBeliefs that provide a foundation for heuristics and biases in financial decision-makinges_ES
dc.title.alternativeCreencias que fundamentan heurísticas y sesgos en la toma de decisiones financierases_ES
dc.typeinfo:eu-repo/semantics/articlees_ES
dc.rights.holder(cc) 2023 by-nc-nd This article is distributed under the terms of the Creative Commons Atribution 4.0 Internacional License
dc.relation.publisherversionhttps://www.ehu.eus/cuadernosdegestion/revista/en/published-issues/articulo?year=2023&vol=23&num=2&o=5es_ES
dc.identifier.doi10.5295/cdg.221703pm
dc.subject.jelG40
dc.subject.jelG41


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(cc) 2023 by-nc-nd This article is distributed under the terms of the Creative Commons Atribution 4.0 Internacional License
Except where otherwise noted, this item's license is described as (cc) 2023 by-nc-nd This article is distributed under the terms of the Creative Commons Atribution 4.0 Internacional License