行为金融学理论述评被引量：4

A brief review of behavioral finance

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摘要 20世纪80年代以来,大量的金融研究与市场异象对传统资本市场理论提出了挑战。行为金融理论在整合多学科研究成果,特别是心理学研究的基础上,从投资者的实际决策行为出发,分析与解释金融市场。通过文献研究,文章回顾了有关行为金融学的基本理论与研究,包括前景理论及其他相关理论的发展。此外,对国内有关行为金融学研究特点进行总结分析,并对其今后研究发展提出了设想。 Traditional capital market theories have received many challenges from some finance researches and anomies since the 80＇ s. Behavioral Finance theory integrates the findings from multi-disciplinary, especially from psychology. Through analysis of investors＇ actual decision-making process, it attempts to understand and explain the phenomena of the finance market better. In this paper, the authors review the theories and researches of behavioral finance by literature research, including the development of prospect theory and other relevant theories. In addition, the authors discusses the features of behavioral finance research in China and makes suggestions for future research.

作者路红凌文辁

机构地区广州大学教育学院

出处《广州大学学报（社会科学版）》 2007年第5期31-34,共4页 Journal of Guangzhou University:Social Science Edition

关键词行为金融前景理论直觉驱动偏差框架依赖无效市场 behavioral finance prospect theory heuristic-driven bias framing dependence inefficient market

分类号 F830 [经济管理—金融学]

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参考文献7

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2[2]Kahneman,Daniel,and Amos Tversky.Prospect theory:An analysis of decision under risk[ J ].Econometrica,1979,47:263-291.
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6何剑,刘少波.行为金融:理论及其中国实践[J].中央财经大学学报,2005(7):19-23. 被引量：16
7施俊琦,王垒,彭凯平.作为效应的象征性与利益性影响因素:后悔理论的经济心理学分析[J].心理科学,2004,27(4):1016-1018. 被引量：10

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