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Название: Financial Market Analysis and Behaviour: The Adaptive Preference Hypothesis
Автор: Emil Dinga, Camelia Oprean-Stan, Cristina-Roxana Tanasescu, Vasile Bratian, and Gabriela-Mariana Ionescu
Издательство: Routledge
Год: 2023
Страниц: 299
Размер: 11.28 МБ
Формат: PDF
Язык: English
This book addresses the functioning of financial markets, in particular the financial market model, and modelling. More specifically, the book provides a model of adaptive preference in the financial market, rather than the model of the adaptive financial market, which is mostly based on Popper's objective propensity for the singular, i.e., unrepeatable, event. As a result, the concept of preference, following Simon's theory of satisficing, is developed in a logical way with the goal of supplying a foundation for a robust theory of adaptive preference in financial market behavior.