THE JOURNAL OF FINANCE • VOL. LVI, NO. 4 • AUGUST 2001 Investor Psychology and Asset Pricing DAVID HIRSHLEIFER* ABSTRACT The basic paradigm of asset pricing is in vibrant f lux. The purely rational approach is being subsumed by a broader approach based upon the psychology of investors. In this approach, security expected returns are determined by both risk and misvaluation. This survey sketches a framework for understanding decision biases, evaluates the a priori arguments and the capital
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Maintenance Factor 2 Reward system with the existence of fairness Factor 1 Interaction with colleagues Action Fairness: Establishing a fair system, which value everyone’s contribution. Paying equal attention to every single employee. Reward: Managers establish a reward system and reward will be given if employees perform at or above expectation Action Unofficial | Official | Example:Happy hour drinking | Example:Regular Meetings | Effect 1. Increase job satisfaction
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Assisted Learning Imagine you had a computer with 10,000+ times the computing power than was necessary to put man on the moon, now imagine that computer easily fitting into your pants pocket. That is the current state of our technology. Yet even with our tremendous advancements people believe that having such easy access is detrimental to our society. I believe that the opposite is true, the Internet as a learning tool is of tremendous benefit. The Internet has an endless source of information
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MAFT 6010 Reaction Paper #1 Melanie J. Prud’homme University of Louisiana at Monroe MAFT 6010 Reaction Paper #1 Before starting the program, many of my friends that have graduated from the program warned me to be prepared to learn a new way of thinking. For the whole entire summer I brushed it off thinking it wouldn’t be that much of a change. But as I started the program and even this class I noticed that it was true, my way of thinking would change. Often time people never realize how hard
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energy that produces the need to justify our actions and decisions -especially the wrong ones- is an unpleasant feeling that Festinger called cognitive dissonance” (13). “Cognitive dissonance is a state of tension that occurs whenever a person holds two cognitions (ideas, attitudes, beliefs, opinions) that are psychologically inconsistent…” (13). Cognitive dissonance is one of the key factors of human nature highlighted in Mistakes Were Made But Not By Me which explains opinions in the Sandusky case
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COMPARATIVE ANALYSIS OF THREE COMMUNICATION FORMATS: ADVERTISING, INFOMERCIAL, AND DIRECT EXPERIENCE (2000). BY MANDEEP SINGH, SIVA K. BALASUBRAMANIAN & GOUTAM CHAKRABORTY Article review and analysis: 1 – Motivation, goals, contribution. 2- Context. 3 - Elaboration and illumination of theory and results. 4 - Critical review, limitations and further thought. Group: 3.08 Assignment Theoretical assignment Date: 5.11.2014 1 1. Motivation, goals, contribution The article aims at making
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her new friends to continue to invite her out places with them. All these factors contributed to Sarah breaking her curfew and going to the party with her new friends. 2. In what ways did Sarah display cognitive dissonance? Throughout the scenario Sarah’s actions displayed cognitive dissonance. The main example of this was her actually going to the party with her friends. She thought it over in the scenario and knew breaking her curfew was the wrong thing to do yet still went out to the
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University of Phoenix Material Development Matrix Part I – Developmental Stages For each developmental domain, physical, cognitive, and social, identify two major changes or challenges associated with the following stages: childhood, adolescence, and adulthood. |Stage of Development |Physical Development |Cognitive Development |Social Development | |Childhood |Respiratory system begins to |Concrete and logical
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INTRODUCTION TO LEARNING Schunk (2012) states, that learning is not just an act, process, or experience of gaining knowledge or skill. The definition of learning for this student is all about acquiring knowledge or developing the ability to perform new behaviors. It is common to think of learning as something that takes place in school but much of human learning occurs outside the classroom, and people continue to learn throughout their lives. Every individual in the world is different and we
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Developing a Psychology Perspective PSYC 3002 Unit 10 I started researching this field in January when I decided I wanted to go back to school. I looked at several different schools, several different programs and course schedules. I found Capella University and the Psychology Program they offered. It was a perfect fit for my life. I started in March with this course developing a Psychology Perspective. I had personal experiences to draw from and I thought that was a good start. The most important
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