What Fact Explains Why in the First Sermon Buddha Is

question 33

Short Answer

What fact explains why in The First Sermon Buddha is seated on a throne decorated with lions?

Comprehend behavioral finance theories, including Kahneman and Tversky’s findings regarding decision-making biases.

Understand the implications of investor behavior on market outcomes, specifically the impact of gender differences on trading frequency and performance.

Describe the methodologies and findings of tests for market efficiency, including the performance of professional managers and investment strategies.

Distinguish between conventional utility theory and prospect theory regarding the shape of utility functions and their implications for investor behavior.