An Investigation of Cryptocurrencies: Behavior Finance Perspective
- DOI
- 10.2991/aebmr.k.220405.080How to use a DOI?
- Keywords
- crytpocurrency market; behavioral finance perspective; uncertainty index; confidence index
- Abstract
The cryptocurrency market has ignited heated debates since its large fluctuation during 2013. This project first discusses a brief connection in certain representative cryptocurrency assets, with certain properties raising from the fields of behavior finance. Then I study the link between behaviors in cryptocurrency market with these properties using event study analysis. In order to proxy such behaviors, I extract confidence and uncertainty index which is a proxy of fully rational measurement and any deviations would imply the space of behavior finance theories. I discuss how such measurements could explain various individuals’ reactions to cryptocurrencies both quantitatively and qualitatively.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article distributed under the CC BY-NC 4.0 license.
Cite this article
TY - CONF AU - Haojun Huang PY - 2022 DA - 2022/04/29 TI - An Investigation of Cryptocurrencies: Behavior Finance Perspective BT - Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022) PB - Atlantis Press SP - 484 EP - 489 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220405.080 DO - 10.2991/aebmr.k.220405.080 ID - Huang2022 ER -