Table 1 Descriptive statistics of the main dependent variables divided by condition for the professionals and Lay people sample.

From: Past performance impacts financial judgments and willingness to sell more than types of fund, differences between professionals vs. lay people

 

Professionals

Lay people

Socially responsible

Traditional

Socially responsible

Traditional

Positive PP

(N = 74)

Negative PP

(N = 74)

Positive PP

(N = 74)

Negative PP

(N = 74)

Positive PP

(N = 244)

Negative PP

(N = 244)

Positive PP

(N = 244)

Negative PP

(N = 244)

Emotions

Mean (SD)

7.50 (1.45)

7.01 (1.85)

6.74 (1.77)

6.46 (1.81)

7.36 (1.45)

6.66 (1.86)

6.07 (1.70)

5.40 (1.75)

Perceived risk

Mean (SD)

5.95 (1.78)

5.88 (1.84)

6.16 (1.81)

5.88 (1.79)

4.45 (1.75)

5.13 (1.85)

4.66 (1.65)

5.25 (1.89)

Expected return

Mean (SD)

6.89 (1.63)

6.55 (1.65)

6.39 (1.66)

6.36 (1.62)

7.18 (1.29)

6.34 (1.62)

6.93 (1.20)

6.09 (1.58)

WTS

Don’t sell

37 (50.0%)

39 (52.7%)

31 (41.9%)

38 (51.4%)

159 (65.2%)

133 (54.5%)

128 (52.5%)

99 (40.6%)

Sell

37 (50.0%)

35 (47.3%)

43 (58.1%)

36 (48.6%)

85 (34.8%)

111 (45.5%)

116 (47.5%)

145 (59.4%)

Back to article page