DocumentCode
3468318
Title
Notice of Retraction
Research on the Mental Mechanism of Chinese Individual Investor
Author
Xusong Xu ; Zuodong Lu
Author_Institution
Econ. & Manage. Sch., Wuhan Univ., Wuhan
fYear
2008
fDate
12-14 Oct. 2008
Firstpage
1
Lastpage
4
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Psychological research has becomes one of the foundations of behavioral finance. In this paper, the investor mental biases are classified into two types: emotional characteristic and cognitive characteristic. Emotional characteristic includes overconfidence, loss aversion and regret aversion. Cognitive characteristic includes representativeness heuristic, availability heuristic and anchoring and adjustment. At the same time, insight into the deeply psychological mechanism of investor´s behavioral biases is offered according to the self-esteem theory based on which some of the investor´s behavioral biases on Chinese stock market are explained in detail.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Psychological research has becomes one of the foundations of behavioral finance. In this paper, the investor mental biases are classified into two types: emotional characteristic and cognitive characteristic. Emotional characteristic includes overconfidence, loss aversion and regret aversion. Cognitive characteristic includes representativeness heuristic, availability heuristic and anchoring and adjustment. At the same time, insight into the deeply psychological mechanism of investor´s behavioral biases is offered according to the self-esteem theory based on which some of the investor´s behavioral biases on Chinese stock market are explained in detail.
Keywords
cognition; investment; stock markets; Chinese individual investor; Chinese stock market; adjustment; anchoring; availability heuristic; behavioral finance; cognitive characteristic; emotional characteristic; investor mental biases; loss aversion; overconfidence; psychological research; regret aversion; representativeness heuristic; self-esteem theory; Books; Costs; Finance; Financial management; Investments; Pricing; Psychology; Reflection; Security; Stock markets;
fLanguage
English
Publisher
ieee
Conference_Titel
Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
Conference_Location
Dalian
Print_ISBN
978-1-4244-2107-7
Type
conf
DOI
10.1109/WiCom.2008.2380
Filename
4680569
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