Behavioral finance: Its history and its future
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چکیده
منابع مشابه
Assessing the Behavioral Reaction of Investors to the Price Change Using the Speed of Price Adjustment Approach to the General Information and Its Relation with Future Return
In Recent Decades, The Financial Sphere has entered a New Era of Contempt for Some of the Assumptions of Modern Economics and Finance. One of These Assumptions is the Rationale of the Investors, which has been Seriously Challenged and Is Now Being Strengthened by the Fact That Prices are Determined more by Attitudes and Psychological Factors than for Fundamental Variables and Therefore the Stud...
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This report gives a brief introduction to Behavioral Finance. First, we present some thought-provoking examples based on empirical human behavior in risky and uncertain decision-making. Then, we present some history on rationality that is the support of formal theories on finance and economics. Finally, we introduce two applications of behavioral modelling in finance.
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