Behavioral Finance : What Everyone Needs to Know® Paperback / softback
by H. Kent (University Professor of Finance, University Professor of Finance, Department of Fina Baker, Greg (Samuel P. Black III Professor of Finance and Risk Management, Samuel P. Black III Pro Filbeck, John R. (William H. Seward Chair in International Finance, William H. Seward Chair in Int Nofsinger
Part of the What Everyone Needs To Know® series
Paperback / softback
Description
People tend to be penny wise and pound foolish and cry over spilt milk, even though we are taught to do neither.
Focusing on the present at the expense of the future and basing decisions on lost value are two mistakes common to decision-making that are particularly costly in the world of finance.
Behavioral Finance: What Everyone Needs to KnowR provides an overview of common shortcuts and mistakes people make in managing their finances.
It covers the common cognitive biases or errors that occur when people are collecting, processing, and interpreting information.
These include emotional biases and the influence of social factors, from culture to the behavior of one's peers.
These effects vary during one's life, reflecting differences in due to age, experience, and gender.
Among the questions to be addressed are: How did the financial crisis of 2007-2008 spur understanding human behavior?
What are market anomalies and how do they relate to behavioral biases?
What role does overconfidence play in financial decision- making? And how does getting older affect risk tolerance?
Information
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Only a few left - usually despatched within 24 hours
- Format:Paperback / softback
- Pages:256 pages
- Publisher:Oxford University Press Inc
- Publication Date:30/05/2019
- Category:
- ISBN:9780190868734
£10.99
£9.59
Information
-
Only a few left - usually despatched within 24 hours
- Format:Paperback / softback
- Pages:256 pages
- Publisher:Oxford University Press Inc
- Publication Date:30/05/2019
- Category:
- ISBN:9780190868734