Financial Analysis of Behavioral and Neural Financial

Firoozeh Khanum Yahyaei¹ Aiuob Yaghmaei Alishah²

1) M.A Student, Department of Accounting, Semnan Branch, Islamic Azad University, Semnan, Iran
2) accounting graduate of the institute of higher education mizan

IOI Code : XYAC-ZCACF
Publication : 3rd.International Conference on Modern Research’s in Management,Economics & Accounting(3meaconf.com)
Abstract :
    Behavioral finance, the study of the interpretation of the information is to make informed investment decisions. In other words, behavioral finance effects on psychological processes in decision-making. In addition, behavioral finance can be seen as the paradigm according to which financial markets are studied using models of two basic assumptions and limiting paradigm Traditional maximization of expected utility dispenses Intellectuality complete. Behavioral finance has two main bases, one limitation is that arbitrage as rational investors can not easily exploit arbitrage opportunities, as this requires accepting some risk. The second is the psychology of behavior and judgment by investors and the errors committed by people when judging checked. Results indicate that investors are always rational, predictable and without bias, as shown by the current model, not behavior. Based on the theories of psychology, people tend to hold special events in your mind for mental imagination and the imagination in some cases more effects of the events on their behavior irrational behavior of many studies on the topics of investment and monetary shown.

Keywords : behavioral finance financial nerve arbitrage