De Bondt, W.F.M. and R.H. Thaler, (1995), Financial Decision-Making in Markets and Firms: A Behavioral Perspective, in: R. Jarrow et al (eds.), Handbooks in OR & MS, Amsterdam, Elsevier Science. Home/Search Document Not in Database Summary Related Articles Check |
This paper is cited in the following contexts:
Multi-Agent Market Modeling Based On Neural Networks - Grothmann (Correct)
....down [GroSt80, p. 404] This is referred to as the information paradox [GroSt80] Behavioral finance tries to explain observed anomalies of real world financial markets by behavioral principles which come from the fields of psychology or sociology [Shl00, p. 1305] DeBondt and Thaler (1985) [DeBT95] challenge the EMH by detecting long term anomalies in stock returns. A performance ranking based on historical returns indicated, that stocks showing a lower than average performance in the past have a superior average performance over the next few years. In contrast, stocks with a ....
DeBondt W. F. M. and Thaler R. H.: Financial decisionmaking in markets and firms: A behavioral perspective, In: Robert A. Jarrow, Voijslav Maksimovic & William T. Ziemba (eds.): Finance, Handbooks in Operations Research and Management Science, Vol. 9, chp. 13, North Holland, Amsterdam, 1995, pp. 385-410.
Probability Judgments in Multi-Stage Problems: Experimental.. - Gneezy (1995) (Correct)
....be any empirical proof of the kind given in this paper. It may be that the price in a market will reflect the accurate probabilities even if (most) participants are not able to correctly estimate these probabilities. On the other hand there is evidence that markets are not always efficient (e.g. De Bondt and Thaler, 1994). For an elaborated discussion about the role of risk perception in financial markets, see Arrow (1982) In future research, we would like to address this question, with the aim of tackling Camerer s challenge Whether judgment and choice violations matter in markets is a question that begs for ....
.... in financial markets, see Arrow (1982) In future research, we would like to address this question, with the aim of tackling Camerer s challenge Whether judgment and choice violations matter in markets is a question that begs for 4 This approach is controversial now days (e.g. Fama, 1991, or De Bondt and Thaler, 1994). Yet as a first approximation it is still accepted, and that is enough for our case. 8 empirical analysis. 1987, p.981) Appendix 1: Instructions for subjects who played the game for real money: In a few minutes we will give you 5 and ask if you want to participate in a game in which at ....
De Bondt, W., and R.H. Thaler: "Financial Decision-Making in Markets and Firms: A Behavioral Perspective," In R. Jarrow, V. Maksimovic, and W.T. Ziemba (eds). Elsevier-North Holland, 1994.
Market Force, Ecology, and Evolution - Farmer (1998) (1 citation) (Correct)
....section addresses market efficiency and tries to give some insight about how patterns evolve as they are exploited to make profits. One of the main aspirations of this work is to provide a more convenient quantitative forum to address the problems raised in the new field of behavioral economics [12]. Behavioral economists have demonstrated that there are many respects in which investors are less than rational. Examples include tendencies toward overconfidence, poor ability to incorporate statistical analysis in decision making, and the intrusion of emotions on rationality. While it seems ....
Werner F.M. deBondt and Richard H. Thaler, "Financial decision making in markets and firms: A behavioral perspective", in R. Jarrow et al. (eds.) Handbooks in OR & MS, , Vol. 9 (1995) Elsevier Science.
Adaptive Learning and Emergent Coordination in Minority.. - Bottazzi, Devetag, Dosi.. (2001) (Correct)
No context found.
De Bondt, W.F.M. and R.H. Thaler, (1995), Financial Decision-Making in Markets and Firms: A Behavioral Perspective, in: R. Jarrow et al (eds.), Handbooks in OR & MS, Amsterdam, Elsevier Science.
Online articles have much greater impact More about CiteSeer.IST Add search form to your site Submit documents Feedback
CiteSeer.IST - Copyright Penn State and NEC