摘要
自 2 0世纪 80年代以来证券市场涌现了许多与有效市场理论相悖的市场异象 ,而利用最近兴起的行为金融学则可通过心理学与人类行为学等研究对这些市场异象作出与以往不同的新角度的探讨。且这对于在我国这一并不完全理性市场中的机构投资者有一定的投资策略启示。
Since the 1980's, many stock market anomalies have emerged vastly, and shaken the basis of classical efficient market theory radically. To these anomalies, the new theory —behavioral finance, can give us some more convincing explanations than before from a totally different perspective. Our stock market is not efficient yet, so it also sheds light upon the investing strategies for the institutional investors of China.
出处
《商业研究》
北大核心
2003年第4期100-103,共4页
Commercial Research
关键词
证券市场
中国
市场异象
行为金融学
stock market anomalies
behavioral finance
institutional investors
strategies
