A weakness of behavioral finance relative to classical finance is that it is characterized by:
A)Less firm conclusions
B)Less satisfying financial conclusions
C)Being less scientific in a financial sense
D)Both a and b
E)All of the above.

Question

Quizplus · Accepted Answer

Behavioral finance is often seen as less scientific and less conclusive compared to classical finance because it incorporates psychological factors, which can lead to less definitive and satisfying conclusions.

A Weakness of Behavioral Finance Relative to Classical Finance Is