CLASSICAL LASSICAL AND BEHAVIOURAL FINANCE IN INVESTOR DECISION
Conceptual model of individual investor behavior presented in this paper aims to structure a part of the vast knowledge about investor behavior that is present in the finance field. The investment process could be seen as driven by dual mental processes (cognitive and affective) and the interplay between these systems contributes to bounded rational behavior manifested through various heuristics and biases. The investment decision is seen as a result of an interaction between the investor and the investment environment
Year of publication: |
2010
|
---|---|
Authors: | D, Lect. Aurora Murgea Ph. |
Published in: |
Annals of University of Craiova - Economic Sciences Series. - Facultatea de Economie şi Administrarea Afacerilor, ISSN 1223-365X. - Vol. 2.2010, 38, p. 12-12
|
Publisher: |
Facultatea de Economie şi Administrarea Afacerilor |
Subject: | investor behaviour | financial decisions making | cognitive modelling | sentiments | market efficiency |
Saved in:
freely available
Saved in favorites
Similar items by subject
-
Is Bitcoin an emerging market? : a market efficiency perspective
Skwarek, Mateusz, (2023)
-
Mutual Fund Performance Persistence, Market Efficiency, and Breadth
Huij, Joop, (2012)
-
Panel Stochastic Dominance Test and Panel Informational Efficiency LR Test
de Peretti, Christian, (2015)
- More ...