{"id":"https://openalex.org/W2019730320","doi":"https://doi.org/10.1207/s15427579jpfm0601_2","title":"Individual Investor Preferences: A Segmentation Analysis","display_name":"Individual Investor Preferences: A Segmentation Analysis","publication_year":2005,"publication_date":"2005-03-01","ids":{"openalex":"https://openalex.org/W2019730320","doi":"https://doi.org/10.1207/s15427579jpfm0601_2","mag":"2019730320"},"language":"en","primary_location":{"id":"doi:10.1207/s15427579jpfm0601_2","doi":"https://doi.org/10.1207/s15427579jpfm0601_2","is_oa":false,"landing_page_url":"https://doi.org/10.1207/s15427579jpfm0601_2","pdf_url":null,"source":{"id":"https://openalex.org/S94083415","display_name":"Journal of Behavioral Finance","issn_l":"1520-8834","issn":["1520-8834","1532-7760","1542-7560","1542-7579"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319847","host_organization_name":"Routledge","host_organization_lineage":["https://openalex.org/P4310319847","https://openalex.org/P4310320547"],"host_organization_lineage_names":["Routledge","Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Behavioral Finance","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5003139708","display_name":"Marilyn Clark\u2010Murphy","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Marilyn Clark-Murphy","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5075368873","display_name":"Geoffrey N. Soutar","orcid":"https://orcid.org/0000-0003-1478-788X","observed_orcids":["https://orcid.org/0000-0003-1478-788X"]},"institutions":[{"id":"https://openalex.org/I177877127","display_name":"The University of Western Australia","ror":"https://ror.org/047272k79","country_code":"AU","type":"education","lineage":["https://openalex.org/I177877127"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Geoffrey Soutar","raw_affiliation_strings":["UWA Business School"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"UWA Business School","institution_ids":["https://openalex.org/I177877127"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":12.6802,"has_fulltext":false,"cited_by_count":78,"citation_normalized_percentile":{"value":0.9813637,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"6","issue":"1","first_page":"6","last_page":"14"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9380000233650208,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9380000233650208,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.03240000084042549,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13744","display_name":"Financial Literacy and Behavior","score":0.01080000028014183,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/individual-investors","display_name":"retail investors","score":0.8640000224113464},{"id":"https://openalex.org/keywords/investor-segmentation","display_name":"investor segmentation","score":0.8299999833106995},{"id":"https://openalex.org/keywords/investment-preferences","display_name":"investment preferences","score":0.9459999799728394},{"id":"https://openalex.org/keywords/retirement-income","display_name":"retirement income","score":0.5759999752044678},{"id":"https://openalex.org/keywords/baby-boomers","display_name":"baby boomers","score":0.7519999742507935},{"id":"https://openalex.org/keywords/investment-objectives","display_name":"investment objectives","score":0.4339999854564667},{"id":"https://openalex.org/keywords/financial-services","display_name":"financial services","score":0.4699999988079071},{"id":"https://openalex.org/keywords/investor-education","display_name":"investor education","score":0.878000020980835},{"id":"https://openalex.org/keywords/stock-investment","display_name":"stock investment","score":0.32499998807907104}],"concepts":[{"id":"https://openalex.org/C2778054375","wikidata":"https://www.wikidata.org/wiki/Q203973","display_name":"Conjoint analysis","level":3,"score":0.7204318046569824},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.6647751331329346},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.6125041246414185},{"id":"https://openalex.org/C58596280","wikidata":"https://www.wikidata.org/wiki/Q28324849","display_name":"Multiple discriminant analysis","level":3,"score":0.5566874146461487},{"id":"https://openalex.org/C125308379","wikidata":"https://www.wikidata.org/wiki/Q363057","display_name":"Market segmentation","level":2,"score":0.48508015275001526},{"id":"https://openalex.org/C2778865806","wikidata":"https://www.wikidata.org/wiki/Q6060850","display_name":"Investment decisions","level":3,"score":0.47321265935897827},{"id":"https://openalex.org/C69738355","wikidata":"https://www.wikidata.org/wiki/Q1228929","display_name":"Linear discriminant analysis","level":2,"score":0.4716483950614929},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.46982812881469727},{"id":"https://openalex.org/C89600930","wikidata":"https://www.wikidata.org/wiki/Q1423946","display_name":"Segmentation","level":2,"score":0.4380108416080475},{"id":"https://openalex.org/C2988666273","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Investment analysis","level":3,"score":0.42281460762023926},{"id":"https://openalex.org/C103144560","wikidata":"https://www.wikidata.org/wiki/Q2670999","display_name":"Investment strategy","level":3,"score":0.4157332181930542},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.401440292596817},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.3748229146003723},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.37051427364349365},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.30397066473960876},{"id":"https://openalex.org/C2781249084","wikidata":"https://www.wikidata.org/wiki/Q908656","display_name":"Preference","level":2,"score":0.26550281047821045},{"id":"https://openalex.org/C76073288","wikidata":"https://www.wikidata.org/wiki/Q1337875","display_name":"Financial risk","level":2,"score":0.22026610374450684},{"id":"https://openalex.org/C109574028","wikidata":"https://www.wikidata.org/wiki/Q647525","display_name":"Behavioral economics","level":2,"score":0.18418124318122864},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.07916754484176636},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1207/s15427579jpfm0601_2","doi":"https://doi.org/10.1207/s15427579jpfm0601_2","is_oa":false,"landing_page_url":"https://doi.org/10.1207/s15427579jpfm0601_2","pdf_url":null,"source":{"id":"https://openalex.org/S94083415","display_name":"Journal of Behavioral Finance","issn_l":"1520-8834","issn":["1520-8834","1532-7760","1542-7560","1542-7579"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310319847","host_organization_name":"Routledge","host_organization_lineage":["https://openalex.org/P4310319847","https://openalex.org/P4310320547"],"host_organization_lineage_names":["Routledge","Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Behavioral Finance","raw_type":"journal-article"},{"id":"pmh:oai:pure.atira.dk:publications/b2cda2a1-8755-42dd-adf0-d6986cb55cdd","doi":null,"is_oa":false,"landing_page_url":"https://research-repository.uwa.edu.au/en/publications/individual-investor-preferences-a-segmentation-analysis(b2cda2a1-8755-42dd-adf0-d6986cb55cdd).html","pdf_url":null,"source":{"id":"https://openalex.org/S4306402492","display_name":"UWA Profiles and Research Repository (UWA)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I177877127","host_organization_name":"The University of Western Australia","host_organization_lineage":["https://openalex.org/I177877127"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Clark-Murphy, M & Soutar, G 2005, 'Individual Investor Preferences: A Segmentation Analysis', Journal of Behavioral Finance, vol. 6, no. 1, pp. 6-14.","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:oai:ro.ecu.edu.au:ecuworks-3444","doi":null,"is_oa":false,"landing_page_url":"https://ro.ecu.edu.au/ecuworks/2445","pdf_url":null,"source":{"id":"https://openalex.org/S4306400464","display_name":"Research Online (Edith Cowan University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I12079687","host_organization_name":"Edith Cowan University","host_organization_lineage":["https://openalex.org/I12079687"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"ECU Publications Pre. 2011","raw_type":"journalarticle"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/10","score":0.5799999833106995,"display_name":"Reduced inequalities"}],"study_designs":[{"id":"https://openalex.org/study-designs/observational-study","display_name":"Observational Study"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":22,"referenced_works":["https://openalex.org/W195340075","https://openalex.org/W1513281941","https://openalex.org/W1970282287","https://openalex.org/W2012213882","https://openalex.org/W2021167975","https://openalex.org/W2024140722","https://openalex.org/W2025879631","https://openalex.org/W2047360368","https://openalex.org/W2069487023","https://openalex.org/W2071691768","https://openalex.org/W2078666525","https://openalex.org/W2085144863","https://openalex.org/W2095559546","https://openalex.org/W2096048269","https://openalex.org/W2102081202","https://openalex.org/W2110411235","https://openalex.org/W2121267885","https://openalex.org/W2317988040","https://openalex.org/W2327651367","https://openalex.org/W3133917342","https://openalex.org/W4210636775","https://openalex.org/W4245924539"],"related_works":["https://openalex.org/W1537220024","https://openalex.org/W7204191392","https://openalex.org/W2789522481","https://openalex.org/W1983138775","https://openalex.org/W7055712379","https://openalex.org/W7099657699","https://openalex.org/W2418949123","https://openalex.org/W4401339262","https://openalex.org/W2259959615","https://openalex.org/W3106763608"],"abstract_inverted_index":{"As":[0],"the":[1,17,76],"baby":[2],"boomers":[3],"age,":[4],"individuals":[5],"are":[6,36],"being":[7],"encouraged":[8],"to":[9,38,56,65],"take":[10],"responsibility":[11],"for":[12,58,90,96],"their":[13],"retirement":[14],"income.":[15],"Despite":[16],"importance":[18],"of":[19,92],"individual":[20,39,101],"investment":[21,66,82],"decisions,":[22],"we":[23],"know":[24],"very":[25],"little":[26],"about":[27],"what":[28],"factors":[29],"influence":[30],"them.":[31],"Having":[32],"identified":[33],"characteristics":[34],"that":[35,70],"important":[37],"investors":[40],"in":[41,99],"shares":[42],"using":[43],"a":[44],"conjoint":[45],"analysis":[46,52,55],"approach,":[47],"this":[48],"study":[49],"uses":[50],"cluster":[51],"and":[53,63,84,95],"discriminant":[54],"look":[57],"subgroups":[59,73],"with":[60,80],"differing":[61],"attitudes":[62],"approaches":[64],"alternatives.":[67],"Results":[68],"suggest":[69],"four":[71],"significant":[72],"exist":[74],"within":[75],"investor":[77],"sample,":[78],"each":[79],"different":[81],"preferences":[83],"goals.":[85],"The":[86],"results":[87],"have":[88],"implications":[89],"providers":[91],"financial":[93],"services":[94],"those":[97],"involved":[98],"educating":[100],"investors.":[102]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":7},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":5},{"year":2019,"cited_by_count":6},{"year":2018,"cited_by_count":5},{"year":2017,"cited_by_count":6},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":6},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":4}],"updated_date":"2026-10-27T15:51:10.671819","created_date":"2016-06-24T00:00:00"}