The misinformation effect in financial markets: An emerging issue in behavioural fianance

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.

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Year of publication:	2012
Authors:	Polak, Mateusz
Published in:	e-Finanse: Financial Internet Quarterly. - Rzeszów : University of Information Technology and Management, ISSN 1734-039X. - Vol. 8.2012, 3, p. 55-61
Publisher:	Rzeszów : University of Information Technology and Management
Subject:	Anlageverhalten \| Asymmetrische Information \| Wirtschaftspsychologie \| Aktienmarkt \| Theorie \| behavioural finance \| stock market psychology \| misinformation effect

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	736244093 [GVK] hdl:10419/147048 [Handle]
Classification:	A12 - Relation of Economics to Other Disciplines ; g02 ; G14 - Information and Market Efficiency; Event Studies
Source:	EconStor

Persistent link: https://www.econbiz.de/10011551375