Behavioral Finance Perspective Credit Of Our Country Commercial Bank Is Research

Behavioral finance is based on the hypothesis of economic man's limited rationality and non-efficient market.It is a subject that combines psychology theory and economic theory.From the behavior of microscopic individuals,the deep psychology of this behavior is analyzed,and the social phenomenon hidden behind the behavior is explored.At present,the application of behavioral finance in academic circles focuses on the securities market,and studies the construction of securities market and investors' investment decisions.Since behavior finance can be used to study the securities market,so can be from the perspective of behavioral finance to analyze completely irrational behavior in the commercial bank credit market,make up for the defects of traditional finance theory,the vision that exist in the commercial bank to a reasonable explanation.Based on this,this article from the perspective of behavioral finance is analyzed under the commercial Banks in the credit markets demanding high quality clients,credit concentration,small and medium-sized enterprise financing difficulties,state-owned Banks non-performing loan problem such as the growing.This paper analyzes the behavior of herd behavior,overreaction,non-bayesian law and loss aversion in commercial bank credit market.Chapter iv empirical research of herd behavior and loss aversion behavior,in the first section through the establishment of the phasor regression model,select 1 quarter of 2010 to 2017 in the second quarter of the commercial bank loan balances for each index inspection of large commercial Banks in China,state-owned commercial Banks,city commercial Banks and rural commercial bank exists between herding behavior,and herd behavior degree of significant impact on the credit markets to each other.Select 10 representative Banks in China in the second quarter from 2010 to 2017,three quarters of the data made panel data,build the regression variable intercept model,to our country commercial bank capital adequacy ratio and has carried on the quantitative analysis of the relation between loss aversion.The fifth chapter puts forward some reasonable Suggestions to control the irrational behavior of commercial Banks and optimize the resource allocation of commercial Banks on the basis of empirical research.