
Behavioral Finance
Limited Rationality in Financial Markets
- 402 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Behavioral Finance
Limited Rationality in Financial Markets
About this book
Over the last 50 years, neoclassical financial theory has been dominating our perception of what is happening in financial markets. It has spurred numerous valuable theories and concepts all based on the concept of Homo Economicus, the strictly rational economic man. However, humans do not always act in a strictly rational manner.For students and practitioners alike, our book aims at opening the door to another perspective on financial markets: a behavioral perspective based on a Homo Oeconomicus Humanus. This agent acts with limited rationality when making decisions. He/she uses heuristics and shortcuts and is prone to the influence of emotions. This sounds familiar in real life and can be transferred to what happens in financial markets, too.
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Information
Table of contents
- Cover
- Über den Autor
- Titel
- Impressum
- Preface 3rd Edition
- Dedication
- Table of Content
- Introduction
- Section I − The Homo Economicus in the center of Traditional Finance
- Section II – Recurring speculative bubbles – triggered by the Homo Economicus Humanus
- Section III – The Homo Economicus Humanus within the information and decision-making process
- Section IV – Applications of Behavioral Finance and Recent Developments
- Glossary
- Literature
- Journals and Essays
- Websites
- Biographies
- Index