行为金融理论与当代金融学的发展

Behavior Financial Theory and Financial Development Today

行为金融理论是 2 0世纪 80年代以来逐渐兴起的一门力图解释金融市场实际行为的全新金融理论。行为金融理论的发展已经引发了当代金融学的一次革命。尽管行为金融理论发展至今尚未行成一个完整统一的理论体系 ,但行为金融至少已经在范式转换、理论创新和方法变革三个方面对金融学的发展作出了积极的尝试。

Behavior financial theory is a new branch of financial theory that rose in the 1980s explaining the actual behavior of financial market, and its development has brought a revolution in finance today. Although it has not formed an integration and unity of a theoretical system, behavior financial theory has at least made positive attempts to develop the finance in three aspects of model transfer, theoretical innovation and ways reform.