Abstract

http://ssrn.com/abstract=1509173
 
 

References (67)



 
 

Citations (2)



 


 



Stature, Obesity, and Portfolio Choice


Jawad M. Addoum


University of Miami - School of Business Administration

George M. Korniotis


University of Miami

Alok Kumar


University of Miami - School of Business Administration

August 27, 2013


Abstract:     
Using multiple U.S. and European data sources, we show that observed physical attributes are related to risk-taking behavior in financial markets. We conjecture that heterogeneity in observed physical attributes can be associated with personality differences that induce relatively taller individuals to take greater financial risks and relatively over-weight individuals to favor less risky investment choices. Consistent with this conjecture, we find that individuals who are tall and of normal weight relative to their peers are more likely to participate in financial markets, and when they participate, they hold riskier financial portfolios. Early childhood experiences and teenage experiences are likely to be the two channels through which height could affect financial decisions.

Number of Pages in PDF File: 51

working papers series


Download This Paper

Date posted: November 21, 2009 ; Last revised: August 28, 2013

Suggested Citation

Addoum, Jawad M. and Korniotis, George M. and Kumar, Alok, Stature, Obesity, and Portfolio Choice (August 27, 2013). Available at SSRN: http://ssrn.com/abstract=1509173 or http://dx.doi.org/10.2139/ssrn.1509173

Contact Information

Jawad M. Addoum
University of Miami - School of Business Administration ( email )
P.O. Box 248126
Florida
Coral Gables, FL 33124
United States
George M. Korniotis
University of Miami ( email )
P.O. Box 248094
Coral Gables, FL 33124-6552
United States
305-284-5728 (Phone)
Alok Kumar (Contact Author)
University of Miami - School of Business Administration ( email )
514 Jenkins Building
Department of Finance
Coral Gables, FL 33124-6552
United States
305-284-1882 (Phone)
HOME PAGE: http://moya.bus.miami.edu/~akumar
Feedback to SSRN


Paper statistics
Abstract Views: 1,883
Downloads: 334
Download Rank: 48,011
References:  67
Citations:  2
Paper comments
No comments have been made on this paper

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo4 in 0.360 seconds