在经济学意义上,动物精神指的是那些“导致经济动荡不安和反复无常的元素”。格林斯潘将对宏观经济运行产生重大冲击的动物精神概括为以下几个方面:恐惧与狂热、时间偏好、从众行为、依赖倾向、互动倾向、家族倾向、竞争倾向、价值观、乐观主义倾向、珍视亲人的倾向、自利倾向和自尊倾向等。由于“动物精神”所导致的非理性以及对于经济体系的巨大影响,在金融市场表现 In the economic sense, animal spirit refers to those “elements that lead to economic instability and capriciousness.” Greenspan summarizes the animal spirit that has a great impact on macroeconomic operations as follows: fear and fanaticism, time preference, dependent behavior, dependence tendency, interaction tendency, family tendency, competition tendency, values, optimism tendency, value Relatives’ tendency, self-interest tendency and self-esteem tendency. Due to the irrationality caused by “Animal Spirit ” and the huge impact on the economic system, the performance in financial markets