IDEAS home Printed from https://ideas.repec.org/a/rbs/ijfbss/v5y2016i2p46-57.html
   My bibliography  Save this article

Etkin Piyasalar Hipotezi ve Davranissal Finans Catismasi

Author

Listed:
  • İhsan Kulali

    (PhD., Bahcesehir Universitesi, Sosyal Bilimler Enstitusu)

Abstract

Etkin Piyasalar Hipotezi ve Davranissal Finans, finansal literaturun karsit argumanlari savunan iki temel modelini olusturmaktadir. Bunlardan ilki yatirimcilari rasyonel olarak kabul ederken digeri ise yatirimcilari normal olarak ifade etmektedir. Etkin Piyasa Hipotezi’ne gore piyasalar bilgisel olarak daima etkindir. Hisseler en nihayetinde denge fiyatina ulasacaktir. Yasanan finansal krizler ise kisa donemli duzeltme hareketleridir. Davranissal finans, alternatif bir model olarak gelistirilmistir. Buna gore yatirimcilar farkli bilgilere farkli zamanlarda ulasmaktadir ve onlari farkli degerlendirmektedir. Yatirim kararlari psikolojik ve duygusal faktorlerden etkilenmektedir. Yatirimcilarin makine olarak gorulmesi kabul edilemez. Davranissal finans cok daha yeni bir konumdadir ve cok sayida yeni calismaya ihtiyac duymaktadir. Bununla birlikte iki teori arasindaki catisma yeni finansal krizlerin onlenmesi acisindan cok onemlidir. Yakin gelecekte teorilerin karsit olmaktan ziyade tamamlayici olarak kullanilmasi beklenmektedir.

Suggested Citation

  • İhsan Kulali, 2016. "Etkin Piyasalar Hipotezi ve Davranissal Finans Catismasi," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 5(2), pages 46-57, April.
    • Handle: RePEc:rbs:ijfbss:v:5:y:2016:i:2:p:46-57
    as

    Download full text from publisher

    File URL: https://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/355/344
    Download Restriction: no
    File URL: https://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/355
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rbs:ijfbss:v:5:y:2016:i:2:p:46-57. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hasan Dincer (email available below). General contact details of provider: https://edirc.repec.org/data/ssbffea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.