Investor Behavior in Extreme Situations of Speculation and Crash: An Approach based on Iterated Prisoner’s Dilemma

This paper analyzes the investor behavior in situations of speculation and crash on stock markets. The investors’ main behavioral features are addressed, notably those related to cognitive and decision-making matters, in order to obtain an individual and an aggregated behavioral profile of the investor in situations of extreme events.

Rui Miguel Silva Et Al (2012). Investor Behavior in Extreme Situations of Speculation and Crash: An Approach based on Iterated Prisoner’s Dilemma, International Journal of Finance, Insurance and Risk Management Volume 2 Issue 3, 169