NISM 10B Investment Adviser Level 2 Notes

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  • Arbitrage Limits: Behavioural biases limit arbitrage opportunities.
  • Risk Perception: Varies based on framing and personal biases.
  • Utility Theory: Investors seek to maximize satisfaction, not just wealth.
  • Adaptive Markets: Markets evolve with investor behavior and learning.
  • Nudging: Subtle cues to guide better financial decisions.

NISM 10B NISM Investment Adviser Level 2

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