Financial Literacy, Behavioral Biases and Participation in Crypto Asset Markets

Basit Öğe Kaydı
dc.contributor.authorArdogan, Ahmet Rutkay
dc.contributor.authorGuel, Yavuz
dc.contributor.authorSuyadal, Mehmetcan
dc.date.accessioned2024-03-13T10:33:07Z
dc.date.available2024-03-13T10:33:07Z
dc.date.issued2023
dc.departmentİstanbul Beykent Üniversitesien_US
dc.description.abstractWe have conducted a survey to determine the relationship between financial literacy and crypto market participation. Furthermore, we have included overconfidence and risk lover tendency, which are considered behavioral biases, in our models along with financial literacy. Logistic regression results revealed striking findings on financial literacy and crypto market participation. Our analysis shows that financial literacy has a positive significant impact on crypto market participation. Specifically, advanced financial literates are more likely to engage in crypto markets than basic financial literates. Confidence in financial decisions and risk - lover tendency also positively affect crypto investments, however these effects are insignificant. Apart from this, we determined a relationship between participation behavior and other control variables such as age, gender and investing in traditional assets. Lastly, we focus on Turkish crypto investors and find significant differences in respect of demographic factors in financial literacy and behavioral biasesen_US
dc.identifier.doi10.17153/oguiibf.1311841
dc.identifier.endpage902en_US
dc.identifier.issn1306-6730
dc.identifier.issue3en_US
dc.identifier.startpage880en_US
dc.identifier.trdizinid1211621en_US
dc.identifier.urihttps://doi.org/10.17153/oguiibf.1311841
dc.identifier.urihttps://search.trdizin.gov.tr/yayin/detay/1211621
dc.identifier.urihttps://hdl.handle.net/20.500.12662/3772
dc.identifier.volume18en_US
dc.identifier.wosWOS:001124721300001en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakTR-Dizinen_US
dc.language.isoenen_US
dc.publisherEskisehir Osmangazi Univ, Fac Educationen_US
dc.relation.ispartofEskisehir Osmangazi Universitesi Iibf Dergisi-Eskisehir Osmangazi University Journal Of Economics And Administrative Sciencesen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectFinancial Literacyen_US
dc.subjectMarket Participationen_US
dc.subjectBehavioral Financeen_US
dc.subjectCrypto Assetsen_US
dc.titleFinancial Literacy, Behavioral Biases and Participation in Crypto Asset Marketsen_US
dc.typeArticleen_US

Dosyalar

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu
TR-Dizin İndeksli Yayınlar Koleksiyonu