[PDF] BEHAVIORAL FINANCE : LEARNING FROM MARKET ANOMALIES AND PSYCHOLOGICAL FACTORS | Semantic Scholar (2024)

M. Lekovič

Economics, Business

• 2020

Abstract The complex world of finance is characterised by numerous irrationalities that representatives of behavioral finance seek to explain by cognitive biases (flaws, inclinations or anomalies).…

M. Lekovič

Economics, Business

Ekonomski horizonti

• 2019

The growing gap between standard finance theory and practice has made way for the emergence of new theories and the development of new asset-pricing models. Behavioral economists have seized this…

SudarmaA. DjamhuriZ. BaridwanS. Maharani

Economics, Business

• 2014

Investment decision-making process involves a relatively complex behavior, and is influenced by several factors. At least there are two fundamental factors that affect the process are internal…

Alharthi Saleh AhmadSuresh RamakrishnanAdnan AliHafiz Waqas KamranH. G. Sulimany

Business, Psychology

Environment and Social Psychology

See Also

Review of Behavioral Finance

• 2023

This study examines the behavioral factors like heuristics, prospect factors, emotions, and social interaction on the investment performance of the listed firms in Saudi Arabia. Furthermore, the…

S. Periyasamy

Economics, Business

• 2016

NIFTY is the bellwether index followed by most of the traders in Indian stock markets. The turnover in the S&P CNX NIFTY constituent shows that the scripts are mostly traded on every session of…

Rosdewita AritonangM. D. Ariefianto

Business, Economics

Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan

• 2022

The purpose of this study was to determine the effect of accounting conservatism, income smoothing, on earnings response coefficient and leverage, growth opportunity as a control variable. This…

Tahira IramA. BilalZeshan AhmadShahid Latif

Business, Psychology

IIM Kozhikode Society & Management Review

• 2022

This article aims to determine the intervening strength of financial mindfulness between financial literacy and behavioural biases in women entrepreneurs. The literature has an enduring discussion…

Henry ZhangAlex Sahlman

Psychology

• 2013

Syfte: Syftet med denna studie var att se hur och varfor volatiliteten paverkades i DJIA, S&P 500 och NASDAQ Composite under IT-bubblan.Metod: Ars- och manadsvolatiliteten for DJIA, S&P 500 ...

W. D. BondtR. Thaler

Economics

• 1985

Research in experimental psychology suggests that, in violation of Bayes' rule, most people tend to "overreact" to unexpected and dramatic news events. This study of market efficiency investigates…

Robert A. Olsen

Economics, Business

• 1998

An increasing number of academic and professional articles are being published about research on and potential applications of behavioral finance. This article offers a more complete picture of the…

Priya RaghubirSanjiv Ranjan Das

Psychology, Economics

• 1999

We argue that finance theorists and practitioners need to examine the reasons behind a seeming anomaly. The behavioral anomalies in the finance literature can be classified as price and return…

Kent DanielD. HirshleiferA. Subrahmanyam

Economics

• 2001

This paper offers a model in which asset prices reflect both covariance risk and misperceptions of firms' prospects, and in which arbitrageurs trade against mispricing. In equilibrium, expected…

N. BarberisA. ShleiferRobert W. Vishny

Economics, Psychology

• 1997

Recent empirical research in finance has uncovered two families of pervasive regularities: underreaction of stock prices to news such as earnings announcements; and overreaction of stock prices to a…

M. GlaserMarkus Nöth andMartin Weber

Economics, Psychology

• 2008

. Abstract This article provides a brief introduction to behavioral finance. Behavioral finance encompasses research that drops the traditional assumptions of expected utility maximization with…

E. FamaK. French

Economics

• 1996

Previous work shows that average returns on common stocks are related to firm characteristics like size, earnings/price, cash flow/price, book-to-market equity, past sales growth, long-term past…

W. D. BondtR. Thaler

Economics

• 1987

In a previous paper, we found systematic price reversals for stocks that experience extreme long-term gains or losses: Past losers significantly outperform past winners. We interpreted this finding…

W. D. Bondt

Economics

• 1998

Jeffery AbarbanellV. Bernard

Economics, Business

• 1992

This study examines whether security analysts underreact or overreact to prior earnings information, and whether any such behavior could explain previously documented anomalous stock price movements.…