
Episode 38: Behavioural Finance and Playing Tennis: Evolving Approaches
CFA UK
00:00
The Origins of Behavior Finance
Behavioral finance was an attempt to provide an alternative hypothesis for the efficient market hypothesis. The reason why it evolved is because people recognize that assistant market hypothesis was complete bunk, says John Maynard Keynes. He believes behavior finance could be used as a tool of economic policy in future.
Transcript
Play full episode