Abstract:Objectives To construct and validate a psychological measure called the Financial Risk-Taking Scale (FRTakS) and to translate, adapt, and validate a psychological measure called the Financial Risk Tolerance Scale (FRTolS) with a Brazilian sample. Exploratory and confirmatory factor analyses were used to assess evidence of the validity of the scales’ internal structures. We also tested the convergent validity between FRTakS and FRTolS. Method After construction (FRTakS) and adaption (FRTolS), the instruments… Show more
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