Essays about: "Psychological biases"

Showing result 11 - 14 of 14 essays containing the words Psychological biases.

  1. 11. Decision Process of Financial Analysts - A case study on ABB

    University essay from Göteborgs universitet/Företagsekonomiska institutionen

    Author : Karl Rogbrant; Jens Söndergaard; [2011-06-27]
    Keywords : Financial analyst; Risk; Information asymmetry; Psychological biases;

    Abstract : Price targets have for a long time been subjects of discussions. Private investors as well as professional investors around the world base their investment decision on financial analysts‟ reports. Recent reports indicate that analysts are not pricing assets very well and differences between recommendations are significant. READ MORE

  3. 12. Do Female Directors Limit CEOs' Irrational Decisions A quantitative study from a behavioral point of view

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Olivia Wasniewski; [2011]
    Keywords : behavioural finance; overconfidence; cash flow sensitivity of investment; corporate governance; gender;

    Abstract : Previous studies in behavioral corporate finance have shown that various decisions on company level are affected by different psychological biases of those running the businesses, resulting in irrational corporate behavior. One commonly studied bias is managerial overconfidence, and one effect that it has shown to have is to increase the cash flow sensitivity of investment. READ MORE

  4. 13. Are Swedish Mutual Fund Managers Riding Their Losers Too Long? : An Investigation of the Disposition Effect for Professional Investors

    University essay from IHH, Nationalekonomi

    Author : Erik Vilhelmsson; [2011]
    Keywords : ;

    Abstract : The fundamental assumptions in financial theory that markets are efficient and investors are fully rational are increasingly being questioned. Psychological aspects are becoming more and more important in explaining and understanding markets and investor behaviour. READ MORE

  5. 14. Behavioural Finance : The psychological impact and overconfidence in financial markets

    University essay from Institutionen för teknik och samhälle

    Author : Sixten Fagerström; [2008]
    Keywords : Behavioural finance; Overconfidence; Over-optimism; Cognitive psychology; Irrational markets; Econophysics;

    Abstract : Purpose The main purpose of this paper is to investigate overconfidence and over-optimism in the market. This leads the reader to the question, are the analysts “right” concerning their forecasts? The reader will also get to understand various and sometimes forgotten factors that affect we human beings in our decision making when it comes to investing and analysing which is also known as the behavioural finance theory. READ MORE