Lecture07

Lecture07 - rebound?” Institutional: 29% yes, Individual...

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Lecture 7: Behavioral Finance: The Role of Psychology Economics 252, Spring 2008 Prof. Robert Shiller, Yale University
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Overconfidence From my October, 1987 Investor Survey: “Did you think at any point on October 19, 1987 that you had a pretty good idea when the market would
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Unformatted text preview: rebound?” Institutional: 29% yes, Individual 28% yes Among buyers: 47%, 48% “If yes, what made you think you knew when a rebound would occur? Answers: “intuition,” “gut feeling,” “common sense”...
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This note was uploaded on 02/08/2012 for the course ECON 252 taught by Professor Robertshiller during the Spring '08 term at Yale.

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Lecture07 - rebound?” Institutional: 29% yes, Individual...

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