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  • 标题:ROLE OF INFORMATION IN ADOPTION OF INVESTMENT DECISIONS ON CAPITAL MARKET
  • 本地全文:下载
  • 作者:Barna Flavia Dănuleţiu Adina Elena Mura Ovidiu
  • 期刊名称:Annals of the University of Oradea : Economic Science
  • 印刷版ISSN:1222-569X
  • 电子版ISSN:1582-5450
  • 出版年度:2009
  • 卷号:XVIII
  • 期号:03
  • 出版社:University of Oradea
  • 摘要:Keeping information is a hard thing to do nowadays, mostly because of the development of communication and informational technology. An individual can hardly administer the huge amount of information he‟s being bombarded with and that exceed his capacity of rational analysis. The limited attention, memory and the abilities to process information force people to focus their attention on certain information. The linear thinking risk in investment is due to the exaggerated attention given to the short term performances, regardless whether we‟re talking about a good or bad evolution. The causes of psychological nature may influence the behavior of rational investor when taking the decision, being necessary for the investor to make a difference between facts and opinion, between information and gossip, between reality and appearance.
  • 关键词:investor‟s attitude, investing strategy, informational asymmetry, capital market.
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