Behavioral economics and finance have recently aroused increasing interest in both academic and practical fields. The behavioral models in these studies have integrated insights from psychology research into economic science, especially concerning human judgment and decision-making under uncertainty. It is argued that some economic and financial phenomena (the so called "anomalies" in standard models) can be better-understood using models in which economic agents are not fully rational. By applying scientific research on human and social cognitive and emotional biases to characterize human behaviors and decisions, we are able to better relate market prices, return and the allocation of resources in the real world to the rationality of economic agents. These burgeoning developments not only enrich the economic and finance theory but also have significant applications in investments, fund managements, corporate policies and many other economic areas. This special session is focused on the study of human decision behavior and its implication on the economic and finance issues. Submissions that utilize behavioral models, models of computational intelligence, experimental methods and other related quantitative methods are all welcome. Relevant topics include, but are not limited to:
Topic:
 Preference-dependence and loss aversion
Prospect theory and its applications
Time consistency and self-control
Fairness and social preferences
Evolutionary adaptation and bounded rationality
Heuristics and framing effect
Experiments in behavioral economics and finance
Neural sciences and behavioral economics
Behavioral game theory
Behavioral corporate finance
Empirical investigation of anomalous facts
The behavior of aggregate stock markets
The behavior of individual stocks
Investor behavior and portfolio choices
Limits of arbitrage
The role of culture in economic behavio
Important dates:
Paper due: April 15, 2006
Notification of acceptance: June 15, 2006
Final (Camera-ready) paper due: July 15, 2006
Paper submission:
All papers must be in Word or PDF format, written in English, and limited to 4 pages. Any paper exceeding 4 pages will be charged a $50 fee per additional page. Papers should be formatted with double columns and should be single-spaced in a 10 point font such as Times Roman. Details can be found at http://www.jcis.org. Please send your electronic version of paper to the session co-chair Dr. Yu-Hsiu Lin (e-mail: yushiu@cc.kuas.edu.tw).
Session Chairs:
Session Chair: Professor Dr. Len-Kuo Hu
Department of International Trade
National Chengchi University
Taipei, Taiwan, ROC 116
Tel: 886-2-29387469
E-mail: lkhu@nccu.edu.tw
Session Co-chair: Assistant Professor Dr. Yu-Hsiu Lin
Department of Finance
National Kaohsiung University of Applied Sciences
Kaohsiung, Taiwan, ROC 807
Tel: 886-7-3814526 ext 6311
E-mail: yushiu@cc.kuas.edu.tw
CIEF is one of track of JCIS. JCIS has ISIP citation for many years. Elsevier has accepted the JCISĄŻs application for EI indexing. |
