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Export Reference (APA)
Rodrigues, L. F., Oliveira, A., Rodrigues, H. & Costa, C. J. (2019). Assessing consumer literacy on financial complex products. Journal of Behavioral and Experimental Finance. 22, 93-104
Export Reference (IEEE)
L. F. Rodrigues et al.,  "Assessing consumer literacy on financial complex products", in Journal of Behavioral and Experimental Finance, vol. 22, pp. 93-104, 2019
Export BibTeX
@article{rodrigues2019_1716173080209,
	author = "Rodrigues, L. F. and Oliveira, A. and Rodrigues, H. and Costa, C. J.",
	title = "Assessing consumer literacy on financial complex products",
	journal = "Journal of Behavioral and Experimental Finance",
	year = "2019",
	volume = "22",
	number = "",
	doi = "10.1016/j.jbef.2019.02.005",
	pages = "93-104",
	url = "https://www.sciencedirect.com/science/article/pii/S2214635018302041?dgcid=coauthor"
}
Export RIS
TY  - JOUR
TI  - Assessing consumer literacy on financial complex products
T2  - Journal of Behavioral and Experimental Finance
VL  - 22
AU  - Rodrigues, L. F.
AU  - Oliveira, A.
AU  - Rodrigues, H.
AU  - Costa, C. J.
PY  - 2019
SP  - 93-104
SN  - 2214-6350
DO  - 10.1016/j.jbef.2019.02.005
UR  - https://www.sciencedirect.com/science/article/pii/S2214635018302041?dgcid=coauthor
AB  - Consumer financial education has become an important research topic, due to the growth of a wide range of investment products available in online banking. The individuals are exposed to highly complex financial products without understanding the risk and what product is suitable for them. This study investigates and measured the financial education of individuals in complex financial products. A quiz game was developed for a bank website to measure 1597 bank clients in complex products literacy. The survey also enabled a comparison between the basic and advanced skills of financial literacy knowledge. The results highlight a satisfactory overall financial literacy level. While basic knowledge level between individuals has a higher degree, there are serious concerns in advanced skill level. This study contributes to an understanding of adults’ knowledge about the prediction of the risk of investments in complex financial products, as well as providing value to ongoing financial literacy research.
ER  -