Behavioral Biases Influencing the Decision Making of Portfolio Managers of Capital Securities and Traders in Morocco
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Date
2019
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Sumy State University
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Abstract
Behavioral finance is a new discipline that has emerged to explain the anomalies in the financial markets (ex: the succession of speculative bubbles and stock market crashes). It is based on two assumptions namely the irrationality of investors and limit arbitration. Behavioral finance is based on prospect theory and the psychological biases.
Keywords
поведінкові фінанси, поведенческие финансы, ehavioral finance, психологічні упередження, психологические предубеждения, psychological biases, прийняття рішення, принятие решения, taking decision, нераціональність інвесторів, нерациональность инвесторов, irrationality of investors
Citation
Hadbaa, H., Boutti, R. (2019). Behavioral Biases Influencing the Decision Making of Portfolio Managers of Capital Securities and Traders in Morocco. Financial Markets, Institutions and Risks, 3(1), 92-105. http://doi.org/10.21272/fmir.3(1).92-105.2019.