Noise, Uncertainty and Investor Psychology: A Behavioral Analysis
نویسندگان
چکیده
منابع مشابه
The Influence of Investor Psychology
In 1980s, many empirical researches’ findings (i.e., Shiller(1984), Thaler (1985) et al. ) did not support efficient market hypothesis (EMH). Previous studies (e.g., Bernartzi and Thaler, 1995) related to behavioral model suggest that certain market anomalies are consistent with the presence of irrational trades by investors. Kahneman and Tversky (1979) proposed the prospect theory as an altern...
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ژورنال
عنوان ژورنال: International Business Research
سال: 2015
ISSN: 1913-9012,1913-9004
DOI: 10.5539/ibr.v8n7p1