Brain Activity Follow Up of Stock Market Financial Variables

A. D. da Rocha, J. Vieito, F. Rocha
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引用次数: 1

Abstract

Efficiency Market hypothesis assume that all investors reason in the same way to make their financial decisions. In contrast, Neurosciences have provided strong evidences that cognitive diversity is the hallmark of human intelligence. Neurofinances has shown that volunteers learned different profitable financial decision-making strategies depending on the kind of market they begun to trade. Here, we decide to further explore this hypothesis by studying a possible correlation between brain activity and the financial variables in a stock market game and to test if this correlation differ between experimental groups that trade in different market conditions. Present results show that volunteers had different perceptions of the studied financial variables depending if they initially traded in a bear or a bull market. Our findings are consistent with the hypothesis that different neural circuits were learned to monitor the different financial variables studied here, depending on market conditions.
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股票市场金融变量的脑活动跟踪
效率市场假说认为,所有投资者都以同样的方式进行财务决策。相反,神经科学提供了强有力的证据,证明认知多样性是人类智力的标志。神经金融表明,志愿者根据他们开始交易的市场类型,学会了不同的盈利财务决策策略。在这里,我们决定通过研究大脑活动与股票市场游戏中的金融变量之间可能的相关性来进一步探索这一假设,并检验在不同市场条件下交易的实验组之间是否存在这种相关性。目前的结果表明,志愿者对所研究的金融变量有不同的看法,这取决于他们最初是在熊市还是牛市中交易。我们的发现与假设是一致的,即不同的神经回路被学习来监控不同的金融变量,这取决于市场条件。
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