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Information Journal Paper

Title

NEURO FINANCE, PERSPECTIVE OF BEHAVIORAL FINANCE

Pages

  21-34

Abstract

 Using various sciences in solving problems have been developed significantly in recent years. In 1979 Kahneman and Tversky proposed a new school premises known as BEHAVIORAL FINANCE. In BEHAVIORAL FINANCE, by using the combination of psychology and finance, a perspective is presented which is able to explain FINANCIAL DECISIONs. The purpose of this research is the study of NEUROFINANCE literature by using the psychological science. NEUROFINANCE is a very young discipline that attempts to relate the brain processes to behavior. In this study by providing the answers for 5 questions in 7 sections, the process of emergence of NEUROFINANCE, brain function in decision making, design, methodology and approach, the difference between behavioral and neuro finance, their applications, Criticisms in this area and the results of this study are investigated . The findings showed that human’s brain is similar to a black box. When an event occurs, the brain records every moment and therefore we can prevent mistakes by processing recorded features. By knowing this, decision makers can make optimum decisions.

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    Cite

    APA: Copy

    KHAJAVI, SHOKROLLAH, & FATTAHI NAFCHI, HASSAN. (2013). NEURO FINANCE, PERSPECTIVE OF BEHAVIORAL FINANCE. INVESTMENT KNOWLEDGE, 2(7), 21-34. SID. https://sid.ir/paper/188092/en

    Vancouver: Copy

    KHAJAVI SHOKROLLAH, FATTAHI NAFCHI HASSAN. NEURO FINANCE, PERSPECTIVE OF BEHAVIORAL FINANCE. INVESTMENT KNOWLEDGE[Internet]. 2013;2(7):21-34. Available from: https://sid.ir/paper/188092/en

    IEEE: Copy

    SHOKROLLAH KHAJAVI, and HASSAN FATTAHI NAFCHI, “NEURO FINANCE, PERSPECTIVE OF BEHAVIORAL FINANCE,” INVESTMENT KNOWLEDGE, vol. 2, no. 7, pp. 21–34, 2013, [Online]. Available: https://sid.ir/paper/188092/en

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