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Behavioural Finance Then and Now

Effective Investments on Capital Markets, 2019
Behavioural finance, a relatively new field that is constantly developing, has grown up to criticize the assumptions and theories of standard finance. The aim of this article is to present the development of behavioural finance of the first and the second generation.
D. Miłaszewicz
openaire   +3 more sources

Classical Behavioural Finance Theory

Review of Behavioral Economics, 2019
Behavioural Finance Theory is a modern approach to finance theory – which, in turn has three wings in its standard versions: the theory of finance based on subjective expected utility theory, in conjunction with the efficient market hypothesis theory (with Bayes’s rule as an auxiliary assumption for updates); the Shafer-Vovk approach via the use of
K. Velupillai
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Personal routes into behavioural finance

Review of Behavioral Finance, 2020
PurposeThe paper aims to provide the individual routes of the authors into behavioural finance in order to introduce the special issue.Design/methodology/approachThe paper provides the background to the authors' personal route into behavioural finance.FindingsThe paper highlights general themes of development and influence of behavioural finance and ...
Hudson, R, Muradoglu, YG
openaire   +4 more sources

The Rise and Rise of Behavioural Finance

2017
Behavioural finance discards the assumptions of rationality and fair pricing, seeking to explain observed behaviour in financial markets by using the principles of psychology. Irrationality can be attributed to behavioural biases, which are either cognitive or emotional, both of which can lead to poor and irrational financial decisions.
Vikash Ramiah, Imad A. Moosa
openaire   +3 more sources

Investment decisions determinants in the GCC cryptocurrency market: a behavioural finance perspective

The International Journal of Organizational Analysis, 2023
Purpose This study aims to investigate the impact of financial and behavioural factors on investment decisions in the cryptocurrency market within the Gulf Cooperation Council (GCC).
M. Abdeldayem, S. Aldulaimi
semanticscholar   +1 more source

The relative significance of behavioural finance factors in the investment decisions of Australasian REITs

Property Management, 2023
PurposeReferring to “behavioural finance” and “normative model” theories, this study explores the relative significance of behavioural heuristic biases in the investment decisions of real estate investment trusts (REITs) when compared with the ...
Terence Y.M. Lam   +2 more
semanticscholar   +1 more source

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