Theoretical and Applied Economics
No. 1 / 2014 (590)
Behavioral finance: biased individual investment decision making; like the company but dislike the investment
Adrian MITROI
Bucharest University of Economic Studies
Bucharest University of Economic Studies
Abstract. Classical economics considers people to be rational, self-interested and selfcontrolled. Behavioral economics showed instead that we are not as logical and efficient as we might think: we do care about others, and we are not as disciplined as we would like to be. Our intuitive mind works by mean of mental shortcuts that lead to erroneous decisions, since our mind delivers the products of these mental shortcuts, and we accept to follow them, spending the significant mental resources remaining available for other, survival related tasks.
Keywords: psychology, biases, efficiency, individual investment.
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Contents
Marin Dinu
- Stochastic evolutionary cartel formation
Darong DAI
Kunrong SHEN
- Earnings analysis at industry level
Amalia CRISTESCU
Larisa STANILĂ
Maria Denisa VASILESCU
- Analysis of the correlation between the real estate loan
stock and the average unit value of urban housing
Dumitra STANCU
Alexandru OPROIU
- Debt and economic growth: Is there any causal effect?
An empirical analysis with structural breaks
and Granger causality for Greece
Stylianou TASOS
- Behavioral finance: biased individual investment
decision making; like the company but dislike
the investment
Adrian MITROI
- The role of small and medium enterprises in improving
employment and in the post-crisis resumption
of economic growth in Romania
Mirela Ionela ACELEANU
Daniela Livia TRAŞCĂ
Andreea Claudia ŞERBAN
- The issue of competing currencies.
Case study – Bitcoin
Angela ROGOJANU
Liana BADEA
- The dimensions of the global financial crisis
Liliana CRĂCIUN
Manuela Violeta OCHEA
- Budgeting mechanisms in public administration –
meeting today’s and tomorrow’s development
challenges
Adelina DUMITRESCU
Tatiana-Camelia DOGARU
