Essay On Behavioural Finance

Essay About Traditional Finance And Behavioural Finance
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Merger Essay Preview: Merger Report this essay Traditional finance argues that markets are efficient, implying that the price each security is an unbiased estimate of its intrinsic value. Behavioural finance contends that heuristic-driven biases and errors, frame dependence, and effects of emotions and social influence often lead to discrepancy between market price and fundamental value..

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