管理者认知偏差对上市公司投资的影响研究
关键词 管理者 认知偏差 投资决策
毕 业 论 文 外 文 摘 要
Title The research on the cognitive bias affecting the investment in listed companies
Abstract
Rational person assume that the basic assumptions of conventional economics: Each person's behavior is extremely rational. However, subsequent research has found that the mathematical model that premises on the rational man assumption does not explain the economic activity in real life. Thus, researchers have started to pay attention to people's feelings and emotional factors affecting economic activity in the market. A lot of psychology and economics research has shown that the cognitive bias is widespread in economic activity. The effect of cognitive bias is particularly serious for managers, At present, the most managers cognitive bias researches are mainly concentrated in the West as well as relating to the effect of managers cognitive bias on corporate investment decisions, The research of managers cognitive bias in China is still in its infancy. Is there an impact on the cognitive bias behavior of executives to the investment decisions? This paper will do to comb to our existing cognitive bias research on managers. And put forward for future research on this basis.
Keywords Managers Cognitive bias Investment decisions
目 录
1 绪论 5
1.1研究背景 5
1.2研究意义 6
1.3研究内容 6
2 相关理论及国内外文献综述 6
2.1 相关理论基础 6
2.2管理者认知偏差对企业投资的影响 8
3 国内外文献综述 9
3.1认知偏差的国内外综述 9
3.2管理者认知偏差对企业投资决策影响的文献综述 10
3.3对认知偏差对投资决策影响研究的述评 11
4 认知偏差与投资决策关系的问卷调查 12
4.1问卷调查设计 12
4.2 调查结果分析 13
5认知偏差对投资决策影响的规避策略 15
5.1规避羊群行为 15
5.2规避非理性行为 15
5.3规避对比效应 16
5.4规避证实性偏差 16
结论 17
致谢 18
参考文献 19
附表1 表 2-1 启发式及相关的 13 种偏差 22
附表2 表 2-2 认知偏差类型 22
附表3 表 4-1 信息收集阶段认知偏差量表的描述性统计表 23
附表4 表 4-2 信息编辑阶段认知偏差测量量表的描述性统计表 23