Analysis of Mechanism on Investor Behavior Diffusion
In the process of decision-making, the investors behavior is affected by the changes in the external environment as well as the inherent psychological characteristics of individuals and groups. Investor is always trying to start a rational investment at the very beginning, but the inherent cognitive bias and irrational behavior characteristics of the groups will appear due to the uncertainty and unpredictability in the stock market and the investors lack of competence. The demand of the market, together with the overall price in the market, is always determined by the interaction of investor groups. Government supervision in policy should lie in decreasing the volatility and even the bubble in the stock market, which might be brought by the spread of investors behavior. Meanwhile, the supervision should also try to establish a series of relevant policies and regulations to protect the interests of investors.
Investor Behavior Behavior Diffusion Bubble in Stock Market Government Supervision
Zhang Jiemei
Institute of Business Management, Henan University, Kaifeng, PR China 475004
国际会议
郑州
英文
2008-09-20（万方平台首次上网日期，不代表论文的发表时间）