Behavioral Biases: Analyzes of Investment Strategies
The study is based on the knowledge of behavioral finance that financial markets are strongly influenced by the psychology of financial markets. Besides investment strategies are affected by behavior of participants of financial markets. By referring to psychology the study proves particular feature...
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Published in | European Financial Systems 2015: Proceedings of the 12th International Scientific Conference pp. 224 - 229 |
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Main Author | |
Format | Book Chapter |
Language | English |
Published |
Czech Republic
Masarykova univerzita nakladatelství
2015
Masaryk University Press |
Subjects | |
Online Access | Get full text |
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Summary: | The study is based on the knowledge of behavioral finance that financial markets are strongly influenced by the psychology of financial markets. Besides investment strategies are affected by behavior of participants of financial markets. By referring to psychology the study proves particular features of investment strategies for presence of behavioral biases. Conducted analyzes shows that each feature of investment strategy inclines to several biases and some biases repeat frequently. The findings of the paper may help to avoid psychological effects on investment strategies, which could be useful especially for investors. |
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ISBN: | 9788021080287 8021080280 |