Podcast
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Study of various phsycological factors that can affect financial market.
Study of various phsycological factors that can affect financial market.
behavioral finance
5 main concepts of behavioral finance
5 main concepts of behavioral finance
mental accounting ; herd behavior ; emotional gap ; anchoring ; self-attribution
The propensity for people to allocate money for specific purposes.
The propensity for people to allocate money for specific purposes.
mental accounting
States that people tend to mimic the financial behaviors of the majority of the ___.
States that people tend to mimic the financial behaviors of the majority of the ___.
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Refers to decision making based on extreme emotions or emotional strains such as anxiety, anger, fear, or excitement.
Refers to decision making based on extreme emotions or emotional strains such as anxiety, anger, fear, or excitement.
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Refers to attaching a spending level to a certain reference. Occurs when people rely too much on pre-existing information or the first information they find when making decisions.
Refers to attaching a spending level to a certain reference. Occurs when people rely too much on pre-existing information or the first information they find when making decisions.
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Refers to a tendency to make choices based on overconfidence in one's own knowledge or skill.
Refers to a tendency to make choices based on overconfidence in one's own knowledge or skill.
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