Socionomic Theory of Finance

Socionomic Theory of Finance


The core theme of this theory is that financial pricing is nonratinoal

More About Socionomic Theory of Finance

Compare this to the efficient market hypothesis that believes pricing is 100% rational or the Keynesian viewpoint that pricing is partially rational and partially emotional

Examples Of This:

April-May 2020:  The world economy is contracting at a rapid rate, the Covid Virus is spreading and unemployment is at a record in the US.  However, some stocks have been bit up to bubble levels.