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Behavioral Finance: Key Concepts & Theories by nitinraosahab00 is a document available to read on EtoBox.
Unit 1 of the syllabus introduces Behavioral Finance, contrasting it with traditional finance by highlighting the irrational behaviors and cognitive biases that affect investor decisions. It discusses key concepts such as the Efficient Market Hypothesis (EMH), limits to arbitrage, and Prospect Theory, emphasizing the psychological and emotional factors influencing financial decision-making. The unit also outlines the branches of Behavioral Finance and provides historical context for its development.
- Author
- nitinraosahab00
- Language
- EN