Irracjonalność zachowań inwestorów giełdowych

• Authors: Barbara Żurawik

Title variants

EN

EMOTION IN INVESTOR’S BEHAVIOR

• Languages of publication: PL

Abstracts

EN

Analyzes made by many academic researchers indicate that the investor’s deci-sions are highly influenced by the psychological factors, besides economic, legal, technological or institutional. The theory of rationalizing investor’s behavior has been enriched about an emotion, by representatives of behaviour finance. The investor’s choices are highly influenced by positive emotions such as joy, self-confidence, optimism, euphoria and negative ones such as: angry, fear, worry, hate, pessimism, panic and so on. The emotions are especially strong stimulus impelling action when the trend changes on the financial markets. The emotional attitudes lead investors to irrational behavior for example the crowd effect.

Keywords

EN

RATIONALITY AND IRRATIONALITY; BEHAVIORAL FINANCE; DEFINITIONS OF EMOTIONS; THE EFFECT OF THE CROWD; THE THEORY OF GRIEF

• Publisher: Wydział Zarządzania - Uniwersytet Gdański
• Journal: Zarządzanie i Finanse
• Year: 2012
• Volume: 2
• Issue: 2
• Pages: 203-218

Contributors

author

Barbara Żurawik

• Katedra Marketingu, Wydział Zarządzania, Uniwersytet Gdański