IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-04529998.html
   My bibliography  Save this paper

Volatilité boursière excessive : irrationalité des comportements ou clivage des esprits ?

Author

Listed:
  • Christian Walter

    (LAP - Laboratoire d’anthropologie politique – Approches interdisciplinaires et critiques des mondes contemporains, UMR 8177 - EHESS - École des hautes études en sciences sociales - CNRS - Centre National de la Recherche Scientifique)

Abstract

Excessive volatility : irrational behaviours or intellectual dividing ? The main assumption to explain high volatility of markets is the irrational behaviours of investors. This analysis contrasts the « good » economy with the « bad » stock exchange. The author presents the origins of this concept and describes the dividing it implies in modelling field. He explains that this intellectual dividing is based on a probability assumption and if this assumption isn't verified, the dividing isn't possible. JEL classifications : D81, D82, D84, G14

Suggested Citation

  • Christian Walter, 2004. "Volatilité boursière excessive : irrationalité des comportements ou clivage des esprits ?," Post-Print hal-04529998, HAL.
    • Handle: RePEc:hal:journl:hal-04529998
    DOI: 10.3406/ecofi.2004.5033
    Note: View the original document on HAL open archive server: https://hal.science/hal-04529998
    as

    Download full text from publisher

    File URL: https://hal.science/hal-04529998/document
    Download Restriction: no
    File URL: https://libkey.io/10.3406/ecofi.2004.5033?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading

    Statistics

    Access and download statistics

    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:hal:journl:hal-04529998. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.