行为金融学研究述评--基于马克思主义政治经济学的视角  

A Review of Behavioral Finance Research—Based on Marxist Political Economy

作　　者：郭一君 Guo Yijun

机构地区：[1]中国社会科学院大学马克思主义学院,北京102400

出　　处：《河南社会科学》2021年第7期52-59,共8页Henan Social Sciences

摘　　要：行为金融学通过各种异象对新古典金融学的理论提出挑战,其研究内容包括质疑有效市场假说及提出有限套利理论,提出前景理论作为对期望效用理论的一种修补,用“有限理性”代替理性经济人假设,并在公司金融层面引入心理因素来研究管理者与投资者的投融资行为。近年,我国学者也进行了大量关于行为金融学的研究。基于马克思主义政治经济学的视角,对行为金融学的相关理论进行述评,以期对行为金融学的研究提供一定的理论参考。Behavioral finance challenges the theory of neoclassical finance through various anomalies.Its research content includes questioning the efficient market hypothesis and proposing the theory of limited arbitrage,proposing prospect theory as a repair to the expected utility theory,using“bounded rationality”replaces the assumption of rational economic man,and introduces psychological factors at the corporate finance level to study the investment and financing behaviors of managers and investors.In recent years,Chinese scholars have also conducted a lot of research on behavioral finance.Based on the perspective of Marxist political economy,this article reviews the relevant theories of behavioral finance,hoping to provide a certain theoretical reference for the research of behavioral finance.

关 键 词：行为金融学 马克思主义政治经济学 非有效市场 前景理论 有限理性 

分 类 号：F0[经济管理—政治经济学]