|aBehavioral finance :|binvestors, corporations, and markets /|cedited by H. Kent Baker and John R. Nofsinger, editors.
|aHoboken, N.J. :|bJohn Wiley & Sons,|c2010.
|aix, 757 p. :|bill. ;|c27 cm.
|aThe Robert W. Kolb series in finance
|aIncludes bibliographical references and index.
|aBehavioral finance : an overview / Kent H. Baker, John R. Nofsinger -- Traditional versus behavioral finance / Robert J. Bloomfield -- Behavioral finance : application and pedagogy in business education and training / Rassoul Yazdipour, James A. Howard -- Heuristics (rules of thumb) / Hugh Schwartz -- Neuroeconomics and neurofinance / Richard L. Peterson -- Emotional finance / Richard J. Taffler, David A. Tuckett -- Experimental finance / Robert J. Bloomfield, Alyssa Anderson -- The psychology of risk and uncertainty / Victor Ricciardi.
|a"Behavioral finance has increasingly become part of mainstream financeh︣elping to provide explanations for our economic decisions by combining behavioral and cognitive psychological theory with conventional economics and finance. Filled with in-depth insights and practical advice, this reliable resourcep︣art of the Robert W. Kolb Series in Financep︣rovides a comprehensive view of behavioral finance by discussing the current state of research in this area and detailing its potential impact on investors, corporations, and markets." "Comprising contributed chapters by distinguished experts from some of the most influential firms and universities in the world, Behavioral Finance provides a synthesis of the essential elements of this discipline including psychological concepts and behavioral biases; the behavioral aspects of asset pricing, asset allocation, and market prices; investor behavior, corporate managerial behavior, and social influences. Divided into six comprehensive parts, it skillfully:" "Describes the fundamental heuristics, cognitive errors, and psychological biases that affect financial decisions" "Discusses market inefficiency and behavioral-based pricing models" "Explores corporate and executive behavioral finance and examines the behavioral influences involving their investment and financing decisions" "Addresses how behavioral finance applies to individual and institutional investors' holdings and their trading endeavors" "Shows how cultural factors and societal attitudes affect markets" "Behavioral Finance contains the latest information from some of the leading practitioners and academics in this field. Engaging and accessible, this book provides a clear understanding of how people make financial decisions and their effects on today's markets.".
Behavioral Finance provides a comprehensive view of the psychological foundations and their applications to finance as determined by the current state of behavioral financial research. The book’s seven sections focus on the following topics: (1) foundations and key concepts, (2) psychological concepts and behavioral biases, (3) behavioral aspects of asset pricing, (4) behavioral corporate finance, (5) investor behavior, (6) social influences, and (7) applications of behavioral finance. Writers from some of the most influential universities and firms, like the Social Science Research Network and Harvard University, will provide contributing chapters to add their insight and research to the topic.