Abstract

The following paper is a theoretical introduction of the misinformation effect to behavioural finance. The misinformation effect causes a memory report regarding an event or particular knowledge to become contaminated with misleading information from another source. The paper aims to describe possible impact of the aforementioned phenomenon on the interpretation of stock market data, as well as the consequences of misinformation on investment-related decisions and the effective market hypothesis.

Details

Title
THE MISINFORMATION EFFECT IN FINANCIAL MARKETS - AN EMERGING ISSUE IN BEHAVIOURAL FINANCE
Author
Polak, Mateusz
Pages
55
Publication year
2012
Publication date
2012
Publisher
University of Information Technology and Management
e-ISSN
1734039X
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
1285126209
Copyright
Copyright University of Information Technology and Management 2012