智能投顾与最优投资决策——来自地级市层面的经验证据
Robo-advisor and Optimal Investment Decisions:Empirical Evidence from the Prefecture Level
邓浏睿 1谭婕1
作者信息
- 1. 湖南师范大学 商学院,湖南 长沙 410081
- 折叠
摘要
通过构建智能投顾对投资者的投资决策的影响机制模型,发现智能投顾能有效降低投资者选择投资顾问的财富门槛,提升投资者对投资顾问的需求并增加投资.这也使更多的投资者能够得到投资顾问的服务,从而获得更高的投资回报.实证研究表明,智能投顾的发展能提升投资者对投资顾问的需求,并在投资者的财富水平、金融素养程度和健康状态方面存在显著差异.
Abstract
This paper builds a model of the process by which robo-advisors influence investors'optimal investment decisions.Through this model,this paper discovers that robo-advisors can lower the wealth level threshold for investors to choose investment advisors,and promote the investors'demand for invest-ment advisors.Thus,more investors are able to take the services of an investment advisor,leading to higher investment returns.The empirical research shows that the development of robo-advisors enhances the investors'demand for investment advisors,there are significant differences in investors'levels of wealth,those of financial literacy and status of health.
关键词
智能投顾/投资决策/数字金融Key words
robo-advisor/investment decision/digital finance引用本文复制引用
基金项目
湖南省自然科学基金项目(2022JJ30400)
出版年
2024
国家科技期刊平台
NSTL
万方数据