کاربرد تئوری های علم بوم شناسی در علم مالی

نوع مقاله : مقاله پژوهشی

نویسندگان

1 دانشجوی دکتری مدیریت مالی دانشگاه آزاد اسلامی واحد علوم و تحقیقات تهران، ایران (نویسنده مسئول)

2 استاد و عضو هیات علمی دانشگاه آزاد اسلامی واحد علوم و تحقیقات تهران، عضو موسس و دبیرکل انجمن مهندسی مالی ایران

3 مدرس دانشگاه پدافند هوایی خاتم الانبیاء(ص)، تهران، ایران

چکیده

در این مقاله به بررسی تئوری­های بوم­شناسی می­پردازیم که در توضیح رفتارها در بازارهای مالی می­توانند مورد استفاده قرار گیرند. اگر چه تا به حال رفتار توده­واری برای توضیح بازارهای مالی مطرح شده است (بازارهای روبه­رونق و روبه­رکود، رفتار گله­ای)، اما معتقدیم بسیاری از تئوری­های موجود در حوزه بوم­شناسی هنوز مورد مطالعه قرار نگرفته­اند و تابه­حال از آن­ها چشم­پوشی شده است. در این مقاله نشان می­دهیم که پتانسیل قابل ملاحظه­ای برای برقراری ارتباط بین تئوری­های مطرح در بازارهای مالی و اصول علم بوم­شناسی همچون تئوری جستجوگری بهینه، نظریه ارزش نهایی، آستانه اندازه شکار، شکار و خوراک­جویی، مصون­سازی شرط­بندی، انتخاب طبیعی، رفتار حیوانی و رفتار آب­وهوایی و فشارِگونه­های غیربومی وجود دارد.
 
 

کلیدواژه‌ها


عنوان مقاله [English]

The Application of Ecology Theories in Finance

نویسندگان [English]

  • Mohammad Salehifar 1
  • Fraydoon Rahnamay Roodposhti 2
  • Hassan Chaharmahali 3
1 PhD. Student in Finance, Management and Economics Faculty, Science and Research Branch of Islamic Azad University, Tehran
2 Professor, Management and Economics Faculty, Science and Research Branch of Islamic Azad University, Tehran
3 M.A. in Financial Administration, Khatam-ol-Anbia (PBU) University, Tehran
چکیده [English]

In this paper we examine ecological theories in which could be applied explaining behaviors in financial markets. However animal behavior has been used to describe financial markets so far (Bull and Bear markets and herding behavior), we argue that many theories in ecology has not been studied yet and are overlooked. In this study we show there is a considerable potential to relate ecological principles such as optimal foraging theory, marginal value theorem, prey size threshold, predation and foraging, bet hedging hypothesis, natural selection, weather and animal behavior, and propagule pressure to financial markets theories.
 
 

کلیدواژه‌ها [English]

  • finance
  • ecology
  • optimal Foraging
  • Natural selection
  • animal behavior
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