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- W4231241992 abstract "This chapter discusses rumors in financial market. One of the most central elements of the theory of finance is the economics of information and how new information is updated to reallocate scarce resources. Rumors are a special form of information and their special characteristics have to be accounted for when applied to the theory of finance. It is found that since rumors involve not only financial but also psychological and sociological elements, it is necessary to apply an interdisciplinary approach when analyzing rumors in financial markets. It is found that while the individual behavior when faced with rumors in financial markets is one aspect to be analyzed, probably the more interesting one is to search for behavioral mechanisms on an aggregate level. Research methodologies such as theoretical modeling, empirical analysis, field studies and experiments are also considered." @default.
- W4231241992 created "2022-05-12" @default.
- W4231241992 date "2012-01-02" @default.
- W4231241992 modified "2023-10-18" @default.
- W4231241992 title "Introduction" @default.
- W4231241992 doi "https://doi.org/10.1002/9781119209003.ch1" @default.
- W4231241992 hasPublicationYear "2012" @default.
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