Feeling Stereotyped and Its Effects on Investment Decisions
This research proposes that consumers will engage in a defensive investment decision process when stereotypes negative to their group are activated. Defensive investment is typified as risk avoidance or a consistent preference for safe options. The results of three experiments suggest that consumers tend to prefer stable securities (e.g., Treasury bonds or stocks with low betas) versus unstable securities (e.g., stocks with high betas) when a negative stereotype to their group is made salient. Such tendencies are particularly stronger among people with low (vs. high) self-esteem, who are characterized as responding to threat with avoidance.
Kyoungmi Lee and Hakkyun Kim (2011) ,"Feeling Stereotyped and Its Effects on Investment Decisions", in AP - Asia-Pacific Advances in Consumer Research Volume 9, eds. Zhihong Yi, Jing Jian Xiao, and June Cotte and Linda Price, Duluth, MN : Association for Consumer Research, Pages: 202-204.
Kyoungmi Lee, Yonsei University, Korea
Hakkyun Kim, Concordia University, Canada
AP - Asia-Pacific Advances in Consumer Research Volume 9 | 2011
Alternative Worldviews on Human – Nonhuman Relations: The Turkish Case
N. Alican Mecit, HEC Paris, France
tina m. lowrey, HEC Paris, France
The Messy Satiation Effect: The Benefits of Eating Like a Pig
Kevin L. Sample, University of Georgia, USA
Kelly Haws, Vanderbilt University, USA
R7. How and Why Life Transition Influences Brand Extension Evaluation
lei su, Hong Kong Baptist University
Alokparna (Sonia) Monga, Rutgers University, USA
Yuwei Jiang, Hong Kong Polytechic University