代写论文-行为金融学

代写论文 行为金融学

根据文献，市场的过度和反应是基于投资者的心理原因。这一反应被发现是投资者保守主义的结果。这是基于事实，因为投资者对先前信息的反应与目前的信息不同，因为他们认为股票将会像以前一样发挥作用。

代写论文 行为金融学

研究发现，代表性偏差是行为金融学中导致过度反应的基本人类行为之一。这是作为投资者在最近的信息相信相同的业绩将会继续在未来和过高估计安全，并与失望导致的平衡。这种公开的、受人的反应，导致股市泡沫的出现、增长和破灭。

代写论文 行为金融学

According to the literature, the over and under reaction of the market is based on the psychological reasons of investors. The under reaction is found to be the result of conservatism from the investors. This is based on fact as the reaction of the investors on previous information is different than the present information as they believe the stock will function as it performed previously.

代写论文 行为金融学

It is found that the representatives bias is one of the essential human behaviours as per the behavioural finance that results in overreaction. This is performed as the investor with recent information believes the same performance will continue in future and overestimates the security and meets with the disappointment resulted by the equilibrium. This overt and under reaction, results in the stock market bubble to emerge, grow and burst.