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Behavioral Finance Name Institution Instructor Date Discussion Questions Behavioral Finance Behavioral finance can be defined as the driving force behind the decisions that people make towards financial economic and investment decisions. Behavioral finance tries to understand the cognitive psychological and behavioral aspects that make people make different irrational decisions. Based on researchers behavioral finance has been useful in understanding the markets pricing and other economic aspects in relation to the nature of the investors as well as how the human behaviors affect the stability or the characteristics of the financial markets across a given region. Besides the behavioral finance has helped to understand people’s behavior in relation to professionalism are not guaranteed of success but also personality traits also count towards the future decisions and are important for the next business move. References Hillson D. Sobehart J.R. Ursachi I. & Riedel F (2014). Perspectives on risk management and behavioral finance Vol. 7 2 114–121 Mitroi A. & Oproiu A. (2014). Behavioral finance: new research trends socionomics and investor emotions. Theoretical and applied economics 18(4) 593. Park H. & Sohn W. (2013). Behavioral finance: A survey of the literature and recent development. Seoul Journal of Business 19(1) 3. Rzeszutek M. Szyszka A. & Czerwonka M. (2015). Investors’ expertise personality traits and susceptibility to behavioral biases in the decision-making process. [...]
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Subject Area: Nursing
Document Type: Reflective Practice
