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《Commercial Research》 2003-04
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An Explanation From Behavioral Finance on Stock Market Anomalies and its Enlightenment to China

DAI Zhi-min , JIANG Yu-fei  
Since the 1980's, many stock market anomalies have emerged vastly, and shaken the basis of classical efficient market theory radically. To these anomalies, the new theory —behavioral finance, can give us some more convincing explanations than before from a totally different perspective. Our stock market is not efficient yet, so it also sheds light upon the investing strategies for the institutional investors of China.
【CateGory Index】: F830.91
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【References】
Chinese Journal Full-text Database 2 Hits
1 LIU Chun, JIAO Peng (School of Management, Shenyang University of Technology, Shenyang 110023, China);The Theroy of Capital Asset Pricing Extention Model[J];Commercial Research;2004-04
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【Citations】
Chinese Journal Full-text Database 1 Hits
1 Zhao Xuejun Wang Yonghong;The Empirical Study on Disposition Effect in China′s Stock Market[J];Journal of Finance;2001-07
【Co-citations】
Chinese Journal Full-text Database 10 Hits
1 LIN Zhong-gao~1,XIE Sheng-teng~2(1.President's Office,AHUT.Ma'anshan 243002,Anhui,China;2.School of Management,AHUT,Ma'anshan 243002,Anhui,China);Review of Behavioral Finance Theory[J];Journal of Anhui University of Technology(Sociel Sciences);2005-06
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6 Hou Yong-jian (Finance School of Qingdao University,Shandong Qingdao 266071,China);The Efficiency of the Foreign Exchange Market and Fractal Market Analysis[J];The Theory and Practice of Finance and Economics;2002-06
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【Co-references】
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1 ZHANG Xiao-di, ZHAO Xing-gong;An Analysis of the Discount of the Closed-end Found[J];Commercial Research;2001-11
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【Secondary References】
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1 FENG Wen-li,LIU Xiao-lei (College of Finance,Hebei University of Economics and Business,Shijiazhuang 050061,China);Study on the Hushen Index Effect and Demonstration of Under Behavioral Finance[J];Journal of Beihua University(Social Sciences);2008-06
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