Behavioural finance recognises

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Behavioural finance recognises that investors are subject to biases and heuristics when making investment decisions. Define and discuss the concepts used in the models proposed by Daniel, Hirshleifer & Subrahmanyam (DHS, 1998) and Barberis, Shleifer and Vishny (BSV, 1998). What potential issues arise from the particular modelling approaches? Reference any relevant literature.

Reference no: EM133638069

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