Investors Behaviour between Theory and Practice
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2012, Vol 2, Issue 1
Abstract
From the outside, financial markets appear dry and technical. However, their inner mechanism is psychological. Thus, this paper is dedicated to personality psychology, whose mastery is crucial to the investment game. Theory is different from practice, and that is why modern economic theories focus more on the psychological knowledge of the participants to the investment environment. Traditional economic model of the market have assumed that individuals/investors are “fully rational” and make decision optimally. In contrast, psychology has observed how they fail to be rational from an economic viewpoint when making decisions in the markets.
Authors and Affiliations
Oana Mionel
Keywords
Related Articles
- EP ID EP247697
- DOI -
- Views 88
- Downloads 0
Structural Analysis of the Final Consumption of Households. Evidence from Romania, Estonia and Latvia
This paper is focused on the study of the final consumption of households from the viewpoint of the impact of goods-related components on its evolution. The data used in the analysis are taken from the official database...
Subsidiary vs. Branch Banks: Are Their Balance Sheet Compositions Converging?
Presumably, foreign banks open subsidiaries and branches to perform different tasks. This paper studies the balance sheet composition of subsidiary and branch banks, testing for differences across groups and periods. We...
The Effect of Role Ambiguity and Role Conflict on Dysfunctional Audit Behaviour: Evidence from Jordan
This paper explores dysfunctional audit behaviour among internal auditors specifically on its antecedents. The applicable literature is used to predict the relationships among stressors and dysfunctional audit behaviour....
Building Customer Value in Relationship Marketing
Integrated Reporting for Turkish Small and Medium-Sized Enterprises