login
Home / Papers / Introduction of Behavioral Finance

Introduction of Behavioral Finance

88 Citations•2004•
Zeng Yu
journal unavailable

No TL;DR found

Abstract

Behavioral finance is a financial theory that has risen since 1980s. The theory is now in the forward position of financial research and practice as well as a hot topic in western countries. Based on synthesizing foreign research achievement, starting with the relationship between behavioral finance and traditional finance theory, this paper gives a detailed introduction to behavioral finance theory, at the end, puts forward the prospects for the future development of this theory.