Behavioral Finance How Psychological Factors can Influenc...
Kaufmann, Gregor / Nappi, Vincenzo
Behavioral finance proposes that psychological influences and biases affect the financial behaviors of investors and financial practitioners.
Moreover, influences and biases can be the source for an explanation of all types of market anomalies and specifically market anomalies in the stock market, such as severe rises or falls in stock price.
Behavioral finance can be analyzed from a variety of perspectives. Stock market returns are one area o...