IDEAS home Printed from https://ideas.repec.org/a/taf/ufajxx/v54y1998i2p10-18.html
   My bibliography  Save this article

Behavioral Finance and Its Implications for Stock-Price Volatility

Author

Listed:
  • Robert A. Olsen

Abstract

An increasing number of academic and professional articles are being published about research on and potential applications of behavioral finance. This article offers a more complete picture of the origin, content, and rationale behind this emerging area of study than previously presented. In the process, the traditional dominance in finance of the economic concepts of subjective expected utility and rationality are discussed. In addition, the article argues that the newer theories of chaos and adaptive decision making, which have a place in behavioral finance, can help explain the puzzle of stock-price volatility.

Suggested Citation

  • Robert A. Olsen, 1998. "Behavioral Finance and Its Implications for Stock-Price Volatility," Financial Analysts Journal, Taylor & Francis Journals, vol. 54(2), pages 10-18, March.
    • Handle: RePEc:taf:ufajxx:v:54:y:1998:i:2:p:10-18
    DOI: 10.2469/faj.v54.n2.2161
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2469/faj.v54.n2.2161
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.2469/faj.v54.n2.2161?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ufajxx:v:54:y:1998:i:2:p:10-18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/ufaj20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.