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.

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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  -