Conventional theories presume that investors ____________, and behavioral finance presumes that they ____________.
A)are irrational; are irrational
B)are rational; may not be rational
C)are rational; are rational
D)may not be rational; may not be rational

Question

Quizplus · Accepted Answer

Conventional theories assume that investors are rational, while behavioral finance recognizes that investors may not always behave rationally.

Conventional Theories Presume That Investors ____________, and Behavioral Finance Presumes