Can behavioral finance models account for historical asset prices?

C-Tier
Journal: Economics Letters
Year: 2010
Volume: 108
Issue: 2
Pages: 187-189

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

I construct a behavioral model of asset pricing in which agents choose whether to base their expectations on chartist or fundamental forecasts. I find that the model cannot be rejected as the data generating process for the FTSE All-Share Index.

Technical Details

RePEc Handle
repec:eee:ecolet:v:108:y:2010:i:2:p:187-189
Journal Field
General
Author Count
1
Added to Database
2026-01-24