Theory of argumentation in financial markets
AbstractThis paper aims to explore the relevance of the Theory of Argumentation TA in the complex area of financial reporting. Specifically, we investigated the scope of the phenomenon of persuasion in advertising. It examines advertisements in publications notable economic movement in Colombia. The financial communication is important to distinguish how to run the models of behavior based on beliefs of agents. Consequently, investors' beliefs can also change systematically with changes in market prices. This paper is the first part and its purpose is to prepare from the Theory of Argumentation TA an application to the financial sector in Colombia.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 23932.
Date of creation: 16 Jul 2010
Date of revision:
Publication status: Published in Journal of Advanced Studies in Finance Issue I (1).Volume(2010): pp. 18-23
Financial markets; economy; theory argumentation; information; advertising;
Other versions of this item:
- B0 - Schools of Economic Thought and Methodology - - General
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- A1 - General Economics and Teaching - - General Economics
- G3 - Financial Economics - - Corporate Finance and Governance
- A10 - General Economics and Teaching - - General Economics - - - General
- B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches
- G01 - Financial Economics - - General - - - Financial Crises
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- G0 - Financial Economics - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-07-24 (All new papers)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Fernando Estrada Gallego, 2005. "Dialéctica en la argumentación económica," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 7(12), pages 113-135, January-J.
- Barberis, Nicholas & Shleifer, Andrei & Vishny, Robert, 1998.
"A model of investor sentiment,"
Journal of Financial Economics,
Elsevier, vol. 49(3), pages 307-343, September.
- Fernando Estrada Gallego, 2007.
"Herbert A. Simon Y La Economía Organizacional,"
REVISTA CUADERNOS DE ECONOMÍA,
UN - RCE - CID.
- Estrada, Fernando, 2006.
"Herbert Simon y la economía organizacional
[Herbert Simon and the organizational economic]," MPRA Paper 20071, University Library of Munich, Germany, revised 10 Jan 2007.
- Estrada, Fernando, 2006. "Herbert Simon y la economía organizacional
- Estrada, Fernando, 2010. "Money, credit and finance in The Arcades Project," MPRA Paper 35059, University Library of Munich, Germany, revised 2013.
- De Long, J Bradford, et al, 1990.
" Positive Feedback Investment Strategies and Destabilizing Rational Speculation,"
Journal of Finance,
American Finance Association, vol. 45(2), pages 379-95, June.
- J. Bradford De Long & Andrei Shleifer & Lawrence H. Summers & Robert J. Waldmann, 1989. "Positive Feedback Investment Strategies and Destabilizing Rational Speculation," NBER Working Papers 2880, National Bureau of Economic Research, Inc.
- Chevalier, J. & Ellison, G., 1996.
"Risk Taking by Mutual Funds as a Response to Incentives,"
96-3, Massachusetts Institute of Technology (MIT), Department of Economics.
- Chevalier, Judith & Ellison, Glenn, 1997. "Risk Taking by Mutual Funds as a Response to Incentives," Journal of Political Economy, University of Chicago Press, vol. 105(6), pages 1167-1200, December.
- Judith A. Chevalier & Glenn D. Ellison, 1995. "Risk Taking by Mutual Funds as a Response to Incentives," NBER Working Papers 5234, National Bureau of Economic Research, Inc.
- Erik R. Sirri & Peter Tufano, 1998. "Costly Search and Mutual Fund Flows," Journal of Finance, American Finance Association, vol. 53(5), pages 1589-1622, October.
- Prem C. Jain & Joanna Shuang Wu, 2000. "Truth in Mutual Fund Advertising: Evidence on Future Performance and Fund Flows," Journal of Finance, American Finance Association, vol. 55(2), pages 937-958, 04.
- David Laibson, 2001.
"A Cue-Theory Of Consumption,"
The Quarterly Journal of Economics,
MIT Press, vol. 116(1), pages 81-119, February.
- Edward L. Glaeser, 2002.
"The Political Economy of Hatred,"
NBER Working Papers
9171, National Bureau of Economic Research, Inc.
- Sendhil Mullainathan & Andrei Shleifer, 2005.
"The Market for News,"
American Economic Review,
American Economic Association, vol. 95(4), pages 1031-1053, September.
- Sanford Grossman & Oliver Hart, .
"Disclosure Laws and Takeover Bids,"
Rodney L. White Center for Financial Research Working Papers
23-79, Wharton School Rodney L. White Center for Financial Research.
- Joel L. Schrag, 1999. "First Impressions Matter: A Model Of Confirmatory Bias," The Quarterly Journal of Economics, MIT Press, vol. 114(1), pages 37-82, February.
- Estrada, Fernando, 2011. "Benoit Mandelbrot (1924 - 2011 ) : A Greek among Romans," MPRA Paper 30563, University Library of Munich, Germany.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.