can refer to

Decision Making: Factors that Influence Decision Making, Heuristics Used, and Decision Outcomes

Hi Riyaz, I believe the most important factor is their own attitude towards risk taking in general.

The second most (besides those you mentioned) is their level of previous investment experience (i.e. have they invested before and what was the outcome, positive or negative?).

The third, and related to the previous two, is their observation of their parents attitude towards investments while growing up.

Good luck,

-Steve

I will add price/profit expectations. This is a key factor for borrowing/lending , but I guess, key to answering your question is to define first what you mean by financial decisions, because it might envolved a wide range of decisions. 

Thanks Mr.Steven for your info

Thanks Mr.steven

All dealer on the stock exchange are natural gamblers. Some play it better some not so good. The trouble is they are gambling with their own money.

If I have to study the investment preference choice of a person  X then how the suggested questions will help me finding out what are the preferred choices of X? There is not a single question related to where he/she invests !

Yes, if I have to suggest the person where he/she should invest then these questions can be helpful to me. And in that case, this will no more be 'studying the investment preference choices' rather will be an advisory system for 'preferable investments'.

Probably, I am unable to follow the question ..

Thanks & regards

Thanks Mr. charbel

I would add competency and independence of the decision maker and his/her consultant(s).

Accounts are prudent in their decision making. For this reason most of company officer at high level are accountant. 

Those who make money are gamblers, either with their own money or  their clients'.  These people don't last long, either they fold their hand and retire reach, or stay long in the business to bankrupt. 

Dear  Riyaz,

In view of the growing importance of Shariah financing I also would add religion as a factor to consider in the analysis of financial decision making.

Paul  

Thanks Mr. Paul Rosenberg. That was an excellent dimension to look into.

I add IQ and EQ, dear Mr. Ahmed.

regards.

NPW Kahneman and Tversky's work on prospect theory,  and the related behavioral finance literature is all about t his- and fun to read.

Well it depends, in my opinion the expectation of the investors, the perception of the current markets, the approach toward risk, the financial literacy etc etc..

at a macro level the overall government policies, friendly investment environment can play key rule 

and if you are interested in respondent specific factors, then in addition to the factors that you have listed i would add the geographical location, the number of dependents in the family, excess and awareness about the online financing, investment or simply the shopping websites. 

another important factor could be the personal goals of the person who is going to spend.

Hope it helps

La Diferencia entre una buena o mala toma de decisiones en materia financiera puede estar dada por: si se cuenta con un adecuado análisis de la situación-problema que afrontamos; del reconocimiento del costo de oportunidad de los recursos involucrados, del riesgo que estamos tomando, de la inflación y, entre otros, de la rentabilidad que esperamos lograr con dicha decisión. Obviamente detrás de esto está el conocimiento y competencias en la toma de decisiones estructuradas. 

Dear Otto,

in English please.

Hi Riyaz, this is off topic, but the easiest way to translate something is use "Google Translate". Here is Otto's text:

"The difference between a good or bad decision-making on financial matters can be given by: if you have an adequate analysis of the problem situation we face; recognition of the opportunity cost of the resources involved, the risk we are taking, inflation and, among others, profitability we hope to achieve with that decision. Obviously behind this is the knowledge and skills in making structured decisions.

What are the factors That can make difference in financial decision making? - ResearchGate. Available from: https://www.researchgate.net/post/What_are_the_factors_that_can_make_difference_in_financial_decision_making/2 [Accessed Sep 27, 2016]."

https://translate.google.com/

I almost forgot Riyaz, perhaps the most important factor in deciding an individual's financial decision making process (besides those described above) is, of course, the individual's required rate of return on their investments (i.e. time value of money).

Regards,

-Steve

Estimado señor, lo esencial es le grado de aversión al riesgo, la rentabilidad esperada de la inversión bajo análisis, el tipo de inflación esperada, las variaciones del tipo de cambio y la percepción que, el tomador de decisiones, tenga sobre la estabilidad política del país.