Publication:
Behavioral finance in theory and practice

dc.contributor.authorsOkur M., Gurbuz A.O.
dc.date.accessioned2022-03-15T02:10:39Z
dc.date.accessioned2026-01-11T18:40:47Z
dc.date.available2022-03-15T02:10:39Z
dc.date.issued2015
dc.description.abstractBehavioral finance is a new approach in finance literature. The main idea is that investors are not as rational as they are assumed to be. Therefore, financial markets could be better understood by using models that capture the effects of both rational and irrational investors. The critics of behavioral finance could be grouped into two main categories: limits of arbitrage and psychological factors. This chapter concentrates on both challenges and possible contributions of behavioral finance theory to the modern finance theory, which is mainly based on rational expectations theory and efficient market hypothesis. © 2015, IGI Global.
dc.identifier.doi10.4018/978-1-4666-6268-1.ch016
dc.identifier.isbn9781466662698; 1466662689; 9781466662681
dc.identifier.urihttps://hdl.handle.net/11424/247546
dc.language.isoeng
dc.publisherIGI Global
dc.relation.ispartofBanking, Finance, and Accounting: Concepts, Methodologies, Tools, and Applications
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.titleBehavioral finance in theory and practice
dc.typebookPart
dspace.entity.typePublication
oaire.citation.endPage328
oaire.citation.startPage311
oaire.citation.titleBanking, Finance, and Accounting: Concepts, Methodologies, Tools, and Applications
oaire.citation.volume1-3

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