Publication 921

Massironi C. & Guicciardi M. (2011) Investment decision making from a constructivist perspective. Qualitative Research in Financial Markets 3(3): 158–176. Fulltext at https://cepa.info/921
Purpose: This paper aims to introduce the reader to investigation of some aspects of investment decision making from a constructivist perspective. Approach: The constructivist perspective is introduced in its dual nature of epistemology and of modelization. From constructivist epistemology, the paper mentions the corollaries of theoretical pluralism and cognitive pragmatism. From Kruglanski and Ajzen’s lay epistemology theory, the paper presents in more detail a constructivist modelization for the study and improvement of formal processes of investment decision making. Findings: Beginning from the proposed framework, the paper indicates the lines for the development of a critical (or reflective) investment decision-making attitude. This is an investment decision making which is able to reflect on its own constructs and cognitive processes in order to develop investment processes with a higher “constructivist awareness” and efficacy. Value: The proposed modelization can contribute to the work of those dedicated to the development of better formal processes of investment. The paper presents three examples of possible applications potentially useful for the improvement of the processes of asset valuation of value investors. Relevance: This paper aims to introduce the reader to investigation of some aspects of investment decision making from a constructivist perspective.

266kB

The publication has not yet bookmarked in any reading list

You cannot bookmark this publication into a reading list because you are not member of any
Log in to create one.

There are currently no annotations

To add an annotation you need to log in first

Download statistics

Log in to view the download statistics for this publication
Export bibliographic details as: CF Format · APA · BibTex · EndNote · Harvard · MLA · Nature · RIS · Science