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Using decision support to manage the influence of cognitive abilities on share trading performance

Richardson, Alex; Gregor, Shirley; Heaney, Richard

Description

Online share trading is no longer restricted to expert brokers; there is a diverse population of traders with varying abilities and experience. Decision making in this context can be sub-optimal and risky. This study investigates how performance varies with level of cognitive ability and speed of online trading, and whether a decision aid can overcome traders' disadvantages. The study showed that novice traders with decision support consistently outperformed those without and that the decision...[Show more]

CollectionsANU Research Publications
Date published: 2012
Type: Journal article
URI: http://hdl.handle.net/1885/69531
Source: Australian Journal of Management
DOI: 10.1177/0312896211432942

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