目前市场上仍有行为金融学所不能解释的异象,这些异象大都与群体行为有关。在行为金融学中引入群体心理学,将资本市场上投资者的投资行为划分为个体投资行为与群体投资行为,对资本市场投资行为结构进行分析,可以充分了解群体投资行为的规律。
Currently, there are abnormal phenomena which cannot be interpreted by behavioral finance. These abnormal phenomena are mostly related to group behavior. The law of group investment behavior can be exposed by introducing group psychology into the behavioral finance, classifying the investment behavior of the capital market into individual investment behavior and group investment, and analyzing the structure of investment behavior of the capital market.