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By H. Kent Baker

A definitive consultant to the transforming into box of behavioral finance

This trustworthy source offers a finished view of behavioral finance and its mental foundations, in addition to its purposes to finance. Comprising contributed chapters written via unique authors from essentially the most influential organizations and universities on the earth, Behavioral Finance offers a synthesis of the main crucial parts of this self-discipline, together with mental options and behavioral biases, the behavioral points of asset pricing, asset allocation, and marketplace costs, in addition to investor habit, company managerial habit, and social influences.

  • Uses a established method of placed behavioral finance in perspective
  • Relies on fresh study findings to supply advice in the course of the maze of theories and concepts
  • Discusses the influence of sub-optimal monetary judgements at the potency of capital markets, own wealth, and the functionality of corporations

Behavioral finance has speedy develop into a part of mainstream finance. if you want to achieve a greater knowing of this subject, glance no extra than this e-book.

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Additional resources for Behavioral Finance: Investors, Corporations, and Markets

Example text

2001. The power of suggestion: Inertia in 401(k) participation and savings behavior. Quarterly Journal of Economics 116:4, 1149–1187. Odean, Terrance. 1998. Are investors reluctant to realize their losses? Journal of Finance 53:5, 1775–1798. Odean, Terrance. 1999. Do investors trade too much? American Economic Review 89:5, 1279–98. Shefrin, Hersh. 2000. Beyond greed and fear: Understanding behavioral finance and the psychology of investing. Boston, MA: Harvard Business School Press. Shefrin, Hersh.

1953. Essays in positive economics. Chicago: University of Chicago Press. , and Paul R. Milgrom. 1985. Bid, ask, and transaction prices in a specialist market with heterogeneously informed traders. Journal of Financial Economics 14:1, 71–100. Gonedes, Nicholas, and Nicholas Dopuch. 1974. Capital market equilibrium, information production, and selecting accounting techniques: Theoretical framework and review of empirical work. Journal of Accounting Research 12 (Supplement):48–129. Hong, Harrison, and Jeremy C.

Trading is hazardous to your wealth: The common stock investment performance of individual investors. Journal of Finance 55:2, 773–806. Barberis, Nicholas, and Richard Thaler. 2003. A survey of behavioral finance. In Financial markets and asset pricing: Handbook of the economics and finance, ed. George Constantinides, Milton Harris, and Ren´e Stulz, 1053–1128. Amsterdam: Elsevier. P1: OTA/XYZ P2: ABC c01 JWBT306-Baker July 19, 2010 20 11:46 Printer Name: Hamilton Foundation and Key Concepts Benartzi, Shlomo.

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