Home  Journals  Economic Analysis: Theory and Practice  23(374) - 2014 June

Heterogeneity of financial market and innovative assessment of consumption behavior in financial markets

Available online: 15 June 2014

Subject Heading: METHODS OF ANALYSIS

JEL Classification: 

Pages: 9-16

The author raises a question of sufficiency of the existing views on investors' behavior in financial markets in the conditions of globalized economy. The financial market is not homogeneous in information submitted to its participants, nor is it homogeneous in investment or organizational structure of the participants. The author offers a method of differentiation of financial market participants (investors) by analyzing the market inhomogeneity and by identifying different degrees of investors' rational behavior. This method will allow improving the tools for analysis and forecasting of the financial market.

Keywords: financial market, behavior, consumption behavior, rationality, irrationality, derivative, inhomogeneity, innovation

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