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The analysis focuses on the inefficiencies of financial markets highlighted by various crises, including the 2008 global financial crisis. It explores how irrational behavior among traders, driven by behavioral patterns such as herding, contributes to these crises. Despite extensive research, the persistence of these irrational behaviors necessitates a deeper examination, which the author undertakes in this thesis. The work emphasizes the complexity of trader psychology and its impact on market stability.
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Finance and Psychology A never-ending love story?!, Patrick Kemtzian
- Language
- Released
- 2012
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- (Paperback)
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