Behavioral Finance and investment decisions

نویسندگان

چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Behavioral Finance: Capital Budgeting and Other Investment Decisions

This chapter surveys the literature on the effects of behavioral biases on capital budgeting. A large body of the psychology literature finds that people tend to be overconfident and overly optimistic. Because of self-selection, firm managers tend to be even more affected by these biases than the general population. Indeed, the literature finds that biased managers overinvest their firm’s free ...

متن کامل

Behavioral Finance 1.1 Prospect Theory and Decisions under Risk

Financial decisions can only be understood by considering individual behavior and its deviations from rational behavior. Financial markets are based on a multitude of decisions by individuals. Therefore it is only natural that decision theory plays a fundamental role in understanding financial markets. Probably the most important class of financial decisions are decisions under risk. They can b...

متن کامل

Finance, Investment and Growth

This paper examines the relation between the institutional structures of advanced OECD countries and the comparative growth and investment of 27 industries in those countries over the period 1970 to 1995. The underlying thesis that the paper examines is that there is a matching between the institutional structures of countries and the characteristics of industries, which is reflected in the com...

متن کامل

Behavioral Finance Models and Behavioral Biases in Stock Price Forecasting

Stock market is affected by news and information. If the stock market is not efficient, the reaction of stock price to news and information will place the stock market in overreaction and under-reaction states. Many models have been already presented by using different tools and techniques to forecast the stock market behavior. In this study, the reaction of stock price in the stock market was ...

متن کامل

Firm Size, Finance, and Investment

T here is something in our national consciousness that looks fondly upon the small firm. This affection for small business is not entirely unwarranted. Small firms account for an important part of economic activity.1 A vast majority of all businesses in the United States are small; over 90 percent have fewer than 20 employees. Small firms accounted for between 40 and 50 percent of GNP and over ...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Revista de Administração de Empresas

سال: 2015

ISSN: 0034-7590

DOI: 10.1590/s0034-759020150111