کاربرد تئوری های علم بوم شناسی در علم مالی
محورهای موضوعی : دانش سرمایه‌گذاری
محمد صالحی فر
1
(
دانشجوی دکتری مدیریت مالی دانشگاه آزاد اسلامی واحد علوم و تحقیقات تهران، ایران (نویسنده مسئول)
)
فریدون رهنمای رودپشتی
2
(
استاد و عضو هیات علمی دانشگاه آزاد اسلامی واحد علوم و تحقیقات تهران، عضو موسس و دبیرکل انجمن مهندسی مالی ایران
)
حسن چهارمحالی
3
(
مدرس دانشگاه پدافند هوایی خاتم الانبیاء(ص)، تهران، ایران
)
کلید واژه: مالی, بوم شناسی, جستجوی بهینه, انتخاب طبیعی, رفتار حیوانی,
چکیده مقاله :
در این مقاله به بررسی تئوری های بوم شناسی می پردازیم که در توضیح رفتارها در بازارهای مالی می توانند مورد استفاده قرار گیرند. اگر چه تا به حال رفتار توده واری برای توضیح بازارهای مالی مطرح شده است (بازارهای روبه رونق و روبه رکود، رفتار گله ای)، اما معتقدیم بسیاری از تئوری های موجود در حوزه بوم شناسی هنوز مورد مطالعه قرار نگرفته اند و تابه حال از آن ها چشم پوشی شده است. در این مقاله نشان می دهیم که پتانسیل قابل ملاحظه ای برای برقراری ارتباط بین تئوری های مطرح در بازارهای مالی و اصول علم بوم شناسی همچون تئوری جستجوگری بهینه، نظریه ارزش نهایی، آستانه اندازه شکار، شکار و خوراک جویی، مصون سازی شرط بندی، انتخاب طبیعی، رفتار حیوانی و رفتار آب وهوایی و فشارِگونه های غیربومی وجود دارد.
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.
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