The study of Behavioural finance is relatively new and examines how individuals' attitudes and behaviour affect their financial decisions and financial markets.

行为金融学研究的是相对较新，并研究如何个人的态度和行为影响他们的财务决策和金融市场。

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In the past 20 to 30 years, the behavioural-finance school has been chipping away at the efficient-market hypothesis.

在过去的二三十年，金融行为学派一直在蚕食有效市场假说。

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Rather, the results are the latest manifestation of behavioural finance, which seeks to show how psychological patterns explain apparent market inefficiencies.

ECONOMIST: How the sun and the moon move markets

Greg Davies, a behavioural-finance expert at Barclays Wealth, says the experience of buying a home is a largely emotional one, similar to that of buying art.

ECONOMIST: Bricks and slaughter

Behavioural economics, which applies the insights of psychology to finance, has boomed in the past decade.

ECONOMIST: Financial economics