Testing Behavioral Finance Theories Using Trends and Sequences in Financial Performance
نویسندگان
چکیده
منابع مشابه
Testing Behavioral Finance Theories Using Trends and Sequences in Financial Performance
Assessing the predictive ability of behavioral finance theories using out-of-sample data is important. The potentially boundless set of psychological biases underlying the behavioral explanations for observed security price behavior risk over-fitting theory to data. We test pricing effects attributed to a central psychological bias, representativeness, which underlies many behavioral-finance th...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2002
ISSN: 1556-5068
DOI: 10.2139/ssrn.316999