Inspired by the theory of social imitation (Weidlich 1970) and its adaptation to financial markets by the Coherent … Market Hypothesis (Vaga 1990), we present a behavioral model of stock prices that supports the overreaction hypothesis. Using … two factors of our model are the stock price and a market polarization variable which determines the level of overreaction …

exhibit bounded rationality and short-term thinking to explain the effect of under and overreaction to news. The existence of …-only scenario into a market with overreaction. The use of long moving average rules might even make the market unstable. Furthermore …

Dieser Beitrag beschäftigt sich mit den Theoriebeiträgen der Fundamentaldatenanalyse, der Effizienzmarkthypothese und … der Behavioral Finance. Die Fundamentaldatenanalyse bietet einzelnen Investoren eine leistungsfähige Heuristik, wie sie … auf volatilen Märkten ihre Spielzüge optimieren können. Die Effizienzmarkthypothese versucht stattdessen, den …

heuristics do better. In priority rule-based scheduling, attempts to remedy this have been made by combining simple priority …