Introducere În Finanţele Comportamentale – Partea Întâi (An Introduction to Behavioral Finance – Part 1)

21 Pages Posted: 10 Sep 2018

See all articles by Ramona Dumitriu

Ramona Dumitriu

University Dunarea De Jos Galati

Razvan Stefanescu

University Dunarea De Jos Galati

Date Written: August 27, 2018

Abstract

Romanian Abstract: Această lucrare aduce în atenţie caracteristicile domeniului finanţelor comportamentale. Vom discuta despre posibilitatea de a utiliza metode ale psihologiei cognitive pentru a înţelege dimensiunea iraţională a deciziilor financiare. Vom aborda, de asemenea, procesele mentale care ar putea explica unele evoluţii iraţionale ale pieţelor financiare, în special cele asociate bulelor şi crahurilor. În final, vom prezenta unele diferenţe între finanţele comportamentale şi cele tradiţionale.

English Abstract: This paper explores the characteristics of the behavioral finance field. We discuss the possibility of employing some methods of the cognitive psychology to understand the irrational dimension of the financial decisions. We also approach the mental processes that could explain some irrational evolutions of the financial markets, especially those associated to bubbles and crashes. Finally, we present the main differences between the behavioral finance and the traditional finance.

Note: Downloadable document is in Romanian.

Keywords: Behavioral Finance, Irrational Financial Decisions, Investor Psychology, Market Efficiency

JEL Classification: G01, G11, G14, G40, G41

Suggested Citation

Dumitriu, Ramona and Stefanescu, Razvan, Introducere În Finanţele Comportamentale – Partea Întâi (An Introduction to Behavioral Finance – Part 1) (August 27, 2018). Available at SSRN: https://ssrn.com/abstract=3239590 or http://dx.doi.org/10.2139/ssrn.3239590

Ramona Dumitriu (Contact Author)

University Dunarea De Jos Galati ( email )

Romania

Razvan Stefanescu

University Dunarea De Jos Galati ( email )

Str. Domnească, nr. 47
Galati, 800008
Romania

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
43
Abstract Views
275
PlumX Metrics