Behavioral Finance: Investors, Corporations, and MarketsH. Kent Baker, John R. Nofsinger A definitive guide to the growing field of behavioral finance This reliable resource provides a comprehensive view of behavioral finance and its psychological foundations, as well as its applications to finance. Comprising contributed chapters written by distinguished authors from some of the most influential firms and universities in the world, Behavioral Finance provides a synthesis of the most essential elements of this discipline, including psychological concepts and behavioral biases, the behavioral aspects of asset pricing, asset allocation, and market prices, as well as investor behavior, corporate managerial behavior, and social influences.
Behavioral finance has quickly become part of mainstream finance. If you need to gain a better understanding of this topic, look no further than this book. |
Contents
Heuristics or Rules of Thumb | |
Neuroeconomics and Neurofinance | |
The Role of the Unconscious in Financial | |
EMOTIONAL FINANCE IN PRACTICE | |
Experimental Finance | |
The Psychology of Risk | |
Belief and PreferenceBased Models | |
Enterprise Decision Making as Explained in InterviewBased | |
THE SCHWARTZ IN UERIES ON INDUSTRIAL DEVELOPMENT | |
Capital Budgeting and Other Investment Decisions | |
Dividend Policy Decisions | |
Loyalty Agency Conflicts and Corporate Governance | |
AGENTIC SHIFT AS A BEHAVIORAL FACTOR IN CORPORATE | |
Initial Public Offerings | |
Psychological Influences on Financial Regulation and Policy | |
Disposition Effect | |
Prospect Theory and Behavioral Finance | |
Tests Using the Stochastic | |
THE EXPERIMENTS AND THE RESULTS | |
Overconfidence | |
The Representativeness Heuristic | |
FINANCE | |
Familiarity Bias | |
Limited Attention | |
Other Behavioral Biases | |
Market lnefficiency | |
Mergers and Acquisitions | |
The Essential Foundation of Securities | |
SUMMARY AND CONCLUSIONS | |
Individual Investor Portfolios | |
Cognitive Abilities and Financial Decisions | |
Pension Participant Behavior | |
Institutional Investors | |
Derivative Markets | |
The Role of Culture in Finance | |
Social Interactions and Investing | |
Other editions - View all
Behavioral Finance: Investors, Corporations, and Markets H. Kent Baker,John R. Nofsinger Limited preview - 2010 |
Behavioral Finance: Investors, Corporations, and Markets H. Kent Baker,John R. Nofsinger Limited preview - 2010 |
Common terms and phrases
accounting affect heuristic Amos Tversky analysis anomalies approach arbitrage asset pricing assumptions Barberis behavioral economics behavioral finance behavioralists Benartzi capital chapter choice behavior cognitive corporate Daniel Kahneman decision weights discussion disposition effect earnings emotional finance empirical endowment effect equity evidence example expected utility experimental experiments explain factors familiarity bias finance financial decision Financial Economics financial markets firms forecasts framing fund managers gains Heuristics and biases Hirshleifer individual investors institutions investment Journal of Finance judgment Kahneman and Tversky limited attention loss aversion mental accounting mutual fund negative neuroeconomics Odean optimal outcomes overconfidence overreaction participants percent performance portfolio potential predictions preference probability weighting prospect theory psychology rational representativeness heuristic Review Richard risk aversion S-shape self-attribution sell Shefrin Slovic standard finance stock market stock prices stock returns studies subjects suggests Task Thaler Thomas Gilovich Tversky and Kahneman uncertainty underreaction variables