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行为金融学发展研究 被引量:7

Development on the Behavioral Finance
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摘要 20世纪 80年代以来 ,有效市场假说在理论和实践上受到了严峻的挑战 ,行为金融学逐渐兴起。文章在国内外研究的基础上阐述了行为金融学产生的历史背景、发展阶段 ,分析了行为金融学的理论基础 ,概括了行为金融学的主要模型并指出行为金融学未来的发展方向。 While efficient market hypothesis was faced with great challenges in both the theory and its practice since 1980,behavioral finance has been booming. This paper elaborates the background and development stages of behavioral finance and generalizes its theory bases and major models. Finally it discusses and points out its prospects.
作者 程昆 潘朝顺
出处 《华南农业大学学报(社会科学版)》 2004年第2期54-61,共8页 Journal of South China Agricultural University(Social Science Edition)
关键词 行为金融学 有效市场假说 发展方向 投资者决策理论 套利机制 投资者情绪模型 羊群效应模型 efficient market hypothesis behavioral finance the development of finance
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