- docin.com豆丁网 or）、过度自信散户投资者（OD，Overconfident IndividualInvestor）和理性投资者（RI，RationalInvestor）。
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当存在模型不确定性且有限市场参与内生时，过度自信的投资者和理性投资者参与股票市场的程度有着不同的行为模式。
Limited participation can arise endogenously in the presence of model uncertainty, and overconfident investors enter the market differently from the rational investors.
金融分析和投资者集体智慧的最热心倡导者如今有了新的认识：市场并不总是理性的。
A new realisation has dawned among the most fervent advocates of financial analysis and collective investor wisdom: markets are not always rational.
2007年的大牛市，我们目睹了狂热的市场，但却是理性和机构投资者的数目？
The great bull market in 2007, we witnessed the frenzied market, but rational and a number of institutional investors?
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