Evaluación del efecto de la psicología del inversionista en un mercado bursátil artificial mediante su grado de eficiencia

Contaduria y Administracion - Tập 62 - Trang 1345-1360 - 2017
Juan Benjamin Duarte Duarte1, Leonardo Hernán Talero Sarmiento1, Katherine Julieth Sierra Suárez1
1Universidad Industrial de Santander, Colombia

Tài liệu tham khảo

Ashby, 1987 Bulkley, 1997, Irrational analysts’ expectations as a cause of excess volatility in stock prices, The Economic Journal, 107, 359, 10.1111/j.0013-0133.1997.163.x Chang, 2000, An examination of herd behavior in equity markets: An international perspective, Journal of Banking & Finance, 24, 1651, 10.1016/S0378-4266(99)00096-5 Duarte, 2014, Comprobación de la eficiencia débil en los principales mercados financieros latinoamericanos, Estudios Gerenciales, 30, 365, 10.1016/j.estger.2014.05.005 Fama, 1965, The behavior of stock-market prices, Journal of Business, 38, 34, 10.1086/294743 Fama, 1970, Efficient capital markets: A review of theory and empirical work, Journal of Finance, 25, 383, 10.2307/2325486 Fan, 2009, The effect of investor psychology on the complexity of stock market: An analysis based on cellular automaton model, Computers & Industrial Engineering, 56, 63, 10.1016/j.cie.2008.03.015 Fromlet, 2001, Behavioral finance-theory and practical application: Systematic analysis of departures from the homo oeconomicus paradigm are essential for realistic financial research and analysis, Business Economics, 36, 63 García, 2013, Financial education and behavioral finance: New insights into the role of information in financial decisions, Journal of Economic Surveys, 27, 297, 10.1111/j.1467-6419.2011.00705.x Gardner, 1970, Mathematical Games. The fantastic combinations of John Conway's new solitaire game ‘life’, Scientific American, 223, 120, 10.1038/scientificamerican1070-120 Griffin, 2003, The dynamics of institutional and individual trading, Journal of Finance, 58, 2285, 10.1046/j.1540-6261.2003.00606.x Grinblatt, 2000, The investment behavior and performance of various investor types: A study of Finland's unique data set, Journal of Financial Economics, 55, 43, 10.1016/S0304-405X(99)00044-6 LeBaron, 2006, Agent-based computational finance, 1188, 10.1016/S1574-0021(05)02024-1 Lo, 2005, Reconciling efficient markets with behavioral finance: The adaptive markets hypothesis, Journal of Investment Consulting, 7, 21 Mandelbrot, 1972, Statistical methodology for nonperiodic cycles: From the covariance to R/S analysis, Annals of Economic and Social Measurement, 1, 259 Peters, 1994 Shiller, 2003, From efficient markets theory to behavioral finance, The Journal of Economic Perspectives, 17, 83, 10.1257/089533003321164967 Talero L., Duarte J., Sierra K. (9 de mayo de 2015). Evaluación de las metodologías para la construcción de mercados artificiales. Medellín, Antioquia, Colombia: IV Congreso Internacional de Finanzas: Inversiones, Segundo Encuentro de Investigación en Finanzas. Tarride, 1995, Complexity and complex systems Histíria Ciências, Saúde – Manguinbos, 2, 46 Tseng, 2006, Behavioral finance, bounded rationality. Neuro-finance, and traditional finance, Investment Management and Financial Innovations, 3, 7 Wermers, 1999, Mutual fund herding and the impact on stock prices, Journal of Finance, 54, 581, 10.1111/0022-1082.00118