Behavioral finance in theory and practice
Küçük Resim Yok
Tarih
2014
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
IGI Global
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Behavioral finance is a new approach in finance literature. The main idea is that investors are not as rational as they are assumed to be. Therefore, financial markets could be better understood by using models that capture the effects of both rational and irrational investors. The critics of behavioral finance could be grouped into two main categories: limits of arbitrage and psychological factors. This chapter concentrates on both challenges and possible contributions of behavioral finance theory to the modern finance theory, which is mainly based on rational expectations theory and efficient market hypothesis. © 2015, IGI Global.
Açıklama
Anahtar Kelimeler
Kaynak
Banking, Finance, and Accounting: Concepts, Methodologies, Tools, and Applications
WoS Q Değeri
N/A
Scopus Q Değeri
N/A
Cilt
01.Mar
