问题如下:
Statement 4 is most consistent with:
选项:
A.the adaptive markets hypothesis.
B.a behavioral approach to asset pricing.
C.Savage’s subjective expected utility theory.
解释:
B is correct.
Statement 4 indicates that markets can be influenced by the emotions of others (sentiment). This is consistent with a behavioral approach to asset pricing that includes sentiment such as the behavioral stochastic discount factor-based asset pricing model proposed by Shefrin.
Savage’s subjective expected utility theory 具体指什么呢?另外statement 4 不是说技术分析的么?谢谢