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Investor Behavior in Extreme Situations of Speculation and Crash: An Approach based on Iterated Prisoner’s Dilemma

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  • Rui Miguel Silva
  • José António Filipe
  • Ana Costa

Abstract

This paper analyzes the investor behavior in situations of speculation and crash on stock markets. The investors’ main behavioral features are addressed, notably those related to cognitive and decision-making matters, in order to obtain an individual and an aggregated behavioral profile of the investor in situations of extreme events.

Suggested Citation

  • Rui Miguel Silva & José António Filipe & Ana Costa, 2012. "Investor Behavior in Extreme Situations of Speculation and Crash: An Approach based on Iterated Prisoner’s Dilemma," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 2(3), pages 169-169.
    • Handle: RePEc:ers:ijfirm:v:2:y:2012:i:3:p:169
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    References listed on IDEAS

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