Constructing conviction through action and narrative: how money managers manage uncertainty and the consequence for financial market functioning
Constructing conviction through action and narrative: how money managers manage uncertainty and the consequence for financial market functioning
复制标题
通过行动和叙述构建信念:资金管理者如何管理不确定性及其对金融市场运作的影响
DOI:
10.2139/ssrn.2405524
复制
发表时间:
2015
影响因子:
3.7
通讯作者:
D. Tuckett
中科院分区:
文献类型:
--
作者:
K. Chong;D. Tuckett
By selecting different financial assets to hold in their portfolios, fund managers determine the allocation of capital in global markets. Recent events have revealed profound uncertainty at the heart of such markets, the manifest existence of emotion, and the way confidence is crucial to orderly market functioning. Using findings from interview studies with fund managers, supported by ethnographic observation, we demonstrate the irreducible cognitive and emotional conflicts which face actors and which threaten their daily operations. We introduce the term conviction narrative to analyse how they manage these conflicts on a day to day basis, and with what collective consequences. Our thesis is that expertise and conviction in financial markets have constantly to be created and renewed through a combination of psychological and social action with the implication at the macro level that while financial markets can be orderly they are so in an intrinsically fragile way.
DOI:
10.1098/rstb.1996.0125
发表时间:
1996-10-29
影响因子:
6.3
作者:
Damasio, AR
通讯作者:
Damasio, AR
影响因子:
3.7
作者:
Manchia M;Adli M;Akula N;Ardau R;Aubry JM;Backlund L;Banzato CE;Baune BT;Bellivier F;Bengesser S;Biernacka JM;Brichant-Petitjean C;Bui E;Calkin CV;Cheng AT;Chillotti C;Cichon S;Clark S;Czerski PM;Dantas C;Zompo MD;Depaulo JR;Detera-Wadleigh SD;Etain B;Falkai P;Frisén L;Frye MA;Fullerton J;Gard S;Garnham J;Goes FS;Grof P;Gruber O;Hashimoto R;Hauser J;Heilbronner U;Hoban R;Hou L;Jamain S;Kahn JP;Kassem L;Kato T;Kelsoe JR;Kittel-Schneider S;Kliwicki S;Kuo PH;Kusumi I;Laje G;Lavebratt C;Leboyer M;Leckband SG;López Jaramillo CA;Maj M;Malafosse A;Martinsson L;Masui T;Mitchell PB;Mondimore F;Monteleone P;Nallet A;Neuner M;Novák T;O'Donovan C;Osby U;Ozaki N;Perlis RH;Pfennig A;Potash JB;Reich-Erkelenz D;Reif A;Reininghaus E;Richardson S;Rouleau GA;Rybakowski JK;Schalling M;Schofield PR;Schubert OK;Schweizer B;Seemüller F;Grigoroiu-Serbanescu M;Severino G;Seymour LR;Slaney C;Smoller JW;Squassina A;Stamm T;Steele J;Stopkova P;Tighe SK;Tortorella A;Turecki G;Wray NR;Wright A;Zandi PP;Zilles D;Bauer M;Rietschel M;McMahon FJ;Schulze TG;Alda M
通讯作者:
Alda M