Studies on behavioral finance have been developed using:
A) market evidence
B) economic evidence
C) psychological evidence
D) none of the above

Question

Quizplus · Accepted Answer

Behavioral finance studies have been developed using psychological evidence, as it seeks to understand how human behavior and emotions impact financial decisions and markets. It differs from traditional finance theories which assume rationality and efficiency in markets. Market and economic evidence may be used as part of the analysis, but the focus of behavioral finance is on the psychological factors at play.

Studies on Behavioral Finance Have Been Developed Using