Kaos Teorisi Çerçevesinde Bireysel Yatırımcı Davranışının Analiz
THE ANALYSIS OF INDIVIDUAL INVESTOR BEHAVIOR WITHIN THE FRAME OF CHAOSE THEORY
Author(s): Mehmet Burak Kahyaoğlu, Süleyman İçSubject(s): Business Economy / Management
Published by: Sakarya üniversitesi
Keywords: Chaos Theory; Complex Dynamic Systems; Investor Behavior;
Summary/Abstract: Recently the chaos theory is accepted as an alternative scientific approach and the number of researches which are based on it increases as well. Moreover, due to their dynamic nature stock markets accept chaos theory as an examining field. The purpose of this study was to examine the investors’ behavior within the framework of chaos theory. In this context, the changes in statistically significant correlations within the operations’ volumes of 68 individual investors in Borsa İstanbul were established. In this study the movements of prices were found to be highly effective on occurred correlations, in other words, during the times when shares’ prices are on an increase the number of negative correlations within the investors are on an increase as well.
Journal: İşletme Bilimi Dergisi
- Issue Year: 3/2015
- Issue No: 1
- Page Range: 38-51
- Page Count: 14
- Language: Turkish
