TITLE

The rational irrational behavior hypothesis

AUTHOR(S)
Connelly, Thomas J.
PUB. DATE
April 1997
SOURCE
Journal of Financial Planning;Apr97, Vol. 10 Issue 2, p32
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Presents theories that attempt to explain irrational behavior and decision-making among investors. Cognitive illusions of risk attitudes, mental accounting and overconfidence; Arguments to explain market anomalies; Factors associated with stock market anomalies include asset yield, cyclicality, earnings trend and return reversal; Lessons for financial planners.
ACCESSION #
2128075

 

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