| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w9222 |
| 来源ID | Working Paper 9222 |
| A Survey of Behavioral Finance | |
| Nicholas Barberis; Richard Thaler | |
| 发表日期 | 2002-09-19 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | Behavioral finance argues that some financial phenomena can plausibly be understood using models in which some agents are not fully rational. The field has two building blocks: limits to arbitrage, which argues that it can be difficult for rational traders to undo the dislocations caused by less rational traders; and psychology, which catalogues the kinds of deviations from full rationality we might expect to see. We discuss these two topics, and then present a number of behavioral finance applications: to the aggregate stock market, to the cross-section of average returns, to individual trading behavior, and to corporate finance. We close by assessing progress in the field and speculating about its future course. |
| 主题 | Financial Economics ; Portfolio Selection and Asset Pricing |
| URL | https://www.nber.org/papers/w9222 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566835 |
| 推荐引用方式 GB/T 7714 | Nicholas Barberis,Richard Thaler. A Survey of Behavioral Finance. 2002. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w9222.pdf（786KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
