This study explored the relationship between psychological traits, demographics and financial behavioral biases for individual investors in Taiwan stock market. By using questionnaire survey method conducted in 2010, there are 554 valid convenient samples collected to examine the determinants of three types of behavioral biases. Based on literature review, two hypothesized models are constructe...

Behavioral finance aims to understand the reasoning patterns of investors, constrained by emotional processes, and how they influence decision-making. This motivated work, whose purpose is evaluate individuals' decision-making behavior under risk/uncertainty. The methodological procedure adopted exploratory research through a questionnaire grounded prospect theory cognitive reflection test with...

It is entirely appropriate that the study of public finance take seriously ‘‘behavioral’’ inconsistencies with traditional models of individual and collective decision-making. This raises the question of whether the state should play a role in protecting individuals from themselves, and whether individuals are susceptible to manipulation, or even exploitation, by the people who comprise the sta...

This article aims to describe the development of financial management disciplines from 1844 present and discuss neurofinance as a new concept in overcoming some weaknesses previous views or theories (traditional behavioral views). also contains an overview approach behavior-based finance well cross-disciplinary between finance, psychology, neuroscience. In this study, authors show that currentl...

The purpose of this study is to identify the behavioral tendencies accounting and finance academics in participating stock market examine impact these on their participation market. Behavioral recognizes that investors do not act rationally. Investors are influenced by trends socioeconomic factors addition risk return factors. Although there many tendencies, most basic recognized literature tol...

The aim of this study is to investigate a behavioral approach by anchoring bias as a criterion to explain 52-week-high strategy and trough this we can find an explain for momentum strategy at uncertainty situation, to the companies listed on the Tehran Stock Exchange. The information uncertainty criteria include the book value to market value (BV / MV), company age (Age), the size of the entity...