Behavioral Finance: Investors, Corporations, And Markets 9780470499115

作者: Robert W. Kolb 著

出版社: Wiley

出版时间: 2010-10

版次: 1

ISBN: 9780470499115

定价: 820.00

装帧: 精装

开本: 16开

纸张: 胶版纸

页数: 757页

分类: 外文古旧书>英文书>管理

　　A definitive guide to the growing field of behavioralfinance

  This reliable resource provides a comprehensive view ofbehavioral finance and its psychological foundations, as well asits applications to finance. Comprising contributed chapterswritten by distinguished authors from some of the most influentialfirms and universities in the world, Behavioral Finance provides asynthesis of the most essential elements of this discipline,including psychological concepts and behavioral biases, thebehavioral aspects of asset pricing, asset allocation, and marketprices, as well as investor behavior, corporate managerialbehavior, and social influences.

  Uses a structured approach to put behavioral finance inperspective

  Relies on recent research findings to provide guidance throughthe maze of theories and concepts

  Discusses the impact of sub-optimal financial decisions on theefficiency of capital markets, personal wealth, and the performanceof corporations

  Behavioral finance has quickly become part of mainstream finance.If you need to gain a better understanding of this topic, look nofurther than this book. 　　H. Kent Baker, PhD, CFA, CMA, is University Professor ofFinance and Kogod Research Professor at the Kogod School ofBusiness, American University. He has published extensively inleading academic and professional finance journals including theJournal of Finance, Journal of Financial and Quantitative Analysis,Financial Management, Financial Analysts Journal, Journal ofPortfolio Management, and Harvard Business Review. Professor Bakeris recognized as one of the most prolific authors in finance duringthe past fifty years. He has consulting and training experiencewith more than 100 organizations and has been listed in fifteenbiographies.

　　John R. Nofsinger is an Associate Professor of Finance and NihoulFaculty Fellow at Washington State University. He is one of theworld's leading experts in behavioral finance and is a frequentspeaker on this topic at investment management conferences,universities, and academic conferences. Nofsinger has often beenquoted or appeared in the financial media, including the WallStreet Journal, Financial Times, Fortune, BusinessWeek, Bloomberg,and CNBC. He writes a blog called "Mind on My Money" atpsychologytoday.com. PART I. FOUNDATION AND KEY CONCEPTS.

　Chapter r 1. Behavioral Finance: An Overview (Kent H. Baker, JohnR. Nofsinger).

　Chapter r 2. Traditional versus Behavioral Finance (Robert J.Bloomfield).

　Chapter r 3. Behavioral Finance: Application and Pedagogy inBusiness Education and Training (Rassoul Yazdipour, James A.Howard).

　Chapter r 4. Heuristics (Rules of Thumb) (Hugh Schwartz ).

　Chapter r 5. Neuroeconomics and Neurofinance (Richard L.Peterson).

　Chapter r 6. Emotional Finance (Richard J. Taffler, David A.Tuckett).

　Chapter r 7. Experimental Finance (Robert J. Bloomfield, AlyssaAnderson).

　Chapter r 8. The Psychology of Risk and Uncertainty (VictorRicciardi).

　Chapter r 9. Psychological Influences on Financial Regulation andPolicy (David Hirshleifer, Siew Hong Teoh).

PART II. PSYCHOLOGICAL CONCEPTS AND BEHAVIORAL BIASES.

　Chapter r 10. Disposition Effect (Markku Kaustia).

　Chapter r 11. Prospect Theory and Behavioral Biases (MorrisAltman).

　Chapter r 12. Cumulative Prospect Theory (Haim Levy).

　Chapter r 13.  Overconfidence (Markus Glaser, MartinWeber).

　Chapter r 14. The Representativeness Bias (Richard J.Taffler).

　Chapter r 15. Familiarity Bias (Hisham S. Foad).

　Chapter r 16. Limited Attention (Siew Hong Teoh and Sonya S.Lim).

　Chapter r 17. Other Behavioral Biases (Michael Dowling, Brian M.Lucey).

PART III. BEHAVIORAL ASPECTS OF ASSET PRICING.

　Chapter r 18. Market Inefficiency (Raghavendra Rau).

　Chapter r 19. Preference and Belief Based Models (AdamSzyszka).

PART IV. BEHAVIORAL CORPORATE FINANCE.

　Chapter r 20. Enterprise Decision Making as Explained inInterview-Based Studies (Hugh Schwartz).

　Chapter r 21. Financing Decisions (Dirk Hackbarth).

　Chapter r 22. Capital Budgeting and Other Investing Decisions(Simon Gervais).

　Chapter r 23. Dividend Policy Decisions (Itzhak (Zahi)Ben-David).

　Chapter r 24. Loyalty, Agency Conflicts and Corporate Governance(Randall K. Morck).

　Chapter r 25. Initial Public Offerings (Fran?ois Derrien).

　Chapter r 26. Mergers and Acquisitions (Ming Dong).

PART V. INVESTOR BEHAVIOR.

　Chapter r 27. Trust Behavior: The Essential Foundation ofFinancial Markets (Lynn A. Stout).

　Chapter r 28. Individual Investor Trading (Ning Zhu).

　Chapter r 29. Individual Investor Portfolios (ValeryPolkovnichenko).

　Chapter r 30. Cognitive Abilities and Financing Decisions (GeorgeM Korniotis, Alok Kumar).

　Chapter r 31. Pension Participant Behavior (Julie R. Agnew).

　Chapter r 32. Institutional Investors (Tarun Ramadorai).

　Chapter r 33. Derivative Markets (Peter Locke).

PART VI. SOCIAL INFLUENCES.

　Chapter r 34. The Role of Culture and Finance (RohanWilliamson).

　Chapter r 35. Social Interactions and Investing (MarkSeasholes).

　Chapter r 36. Mood (Tyler Shumway).

Part VII. Answers to 　Chapter r Discussion Questions.

Index.
内容简介:
　　A definitive guide to the growing field of behavioralfinance

  This reliable resource provides a comprehensive view ofbehavioral finance and its psychological foundations, as well asits applications to finance. Comprising contributed chapterswritten by distinguished authors from some of the most influentialfirms and universities in the world, Behavioral Finance provides asynthesis of the most essential elements of this discipline,including psychological concepts and behavioral biases, thebehavioral aspects of asset pricing, asset allocation, and marketprices, as well as investor behavior, corporate managerialbehavior, and social influences.

  Uses a structured approach to put behavioral finance inperspective

  Relies on recent research findings to provide guidance throughthe maze of theories and concepts

  Discusses the impact of sub-optimal financial decisions on theefficiency of capital markets, personal wealth, and the performanceof corporations

  Behavioral finance has quickly become part of mainstream finance.If you need to gain a better understanding of this topic, look nofurther than this book.
作者简介:
　　H. Kent Baker, PhD, CFA, CMA, is University Professor ofFinance and Kogod Research Professor at the Kogod School ofBusiness, American University. He has published extensively inleading academic and professional finance journals including theJournal of Finance, Journal of Financial and Quantitative Analysis,Financial Management, Financial Analysts Journal, Journal ofPortfolio Management, and Harvard Business Review. Professor Bakeris recognized as one of the most prolific authors in finance duringthe past fifty years. He has consulting and training experiencewith more than 100 organizations and has been listed in fifteenbiographies.

　　John R. Nofsinger is an Associate Professor of Finance and NihoulFaculty Fellow at Washington State University. He is one of theworld's leading experts in behavioral finance and is a frequentspeaker on this topic at investment management conferences,universities, and academic conferences. Nofsinger has often beenquoted or appeared in the financial media, including the WallStreet Journal, Financial Times, Fortune, BusinessWeek, Bloomberg,and CNBC. He writes a blog called "Mind on My Money" atpsychologytoday.com.
目录:
PART I. FOUNDATION AND KEY CONCEPTS.

　Chapter r 1. Behavioral Finance: An Overview (Kent H. Baker, JohnR. Nofsinger).

　Chapter r 2. Traditional versus Behavioral Finance (Robert J.Bloomfield).

　Chapter r 3. Behavioral Finance: Application and Pedagogy inBusiness Education and Training (Rassoul Yazdipour, James A.Howard).

　Chapter r 4. Heuristics (Rules of Thumb) (Hugh Schwartz ).

　Chapter r 5. Neuroeconomics and Neurofinance (Richard L.Peterson).

　Chapter r 6. Emotional Finance (Richard J. Taffler, David A.Tuckett).

　Chapter r 7. Experimental Finance (Robert J. Bloomfield, AlyssaAnderson).

　Chapter r 8. The Psychology of Risk and Uncertainty (VictorRicciardi).

　Chapter r 9. Psychological Influences on Financial Regulation andPolicy (David Hirshleifer, Siew Hong Teoh).

PART II. PSYCHOLOGICAL CONCEPTS AND BEHAVIORAL BIASES.

　Chapter r 10. Disposition Effect (Markku Kaustia).

　Chapter r 11. Prospect Theory and Behavioral Biases (MorrisAltman).

　Chapter r 12. Cumulative Prospect Theory (Haim Levy).

　Chapter r 13. Overconfidence (Markus Glaser, MartinWeber).

　Chapter r 14. The Representativeness Bias (Richard J.Taffler).

　Chapter r 15. Familiarity Bias (Hisham S. Foad).

　Chapter r 16. Limited Attention (Siew Hong Teoh and Sonya S.Lim).

　Chapter r 17. Other Behavioral Biases (Michael Dowling, Brian M.Lucey).

PART III. BEHAVIORAL ASPECTS OF ASSET PRICING.

　Chapter r 18. Market Inefficiency (Raghavendra Rau).

　Chapter r 19. Preference and Belief Based Models (AdamSzyszka).

PART IV. BEHAVIORAL CORPORATE FINANCE.

　Chapter r 20. Enterprise Decision Making as Explained inInterview-Based Studies (Hugh Schwartz).

　Chapter r 21. Financing Decisions (Dirk Hackbarth).

　Chapter r 22. Capital Budgeting and Other Investing Decisions(Simon Gervais).

　Chapter r 23. Dividend Policy Decisions (Itzhak (Zahi)Ben-David).

　Chapter r 24. Loyalty, Agency Conflicts and Corporate Governance(Randall K. Morck).

　Chapter r 25. Initial Public Offerings (Fran?ois Derrien).

　Chapter r 26. Mergers and Acquisitions (Ming Dong).

PART V. INVESTOR BEHAVIOR.

　Chapter r 27. Trust Behavior: The Essential Foundation ofFinancial Markets (Lynn A. Stout).

　Chapter r 28. Individual Investor Trading (Ning Zhu).

　Chapter r 29. Individual Investor Portfolios (ValeryPolkovnichenko).

　Chapter r 30. Cognitive Abilities and Financing Decisions (GeorgeM Korniotis, Alok Kumar).

　Chapter r 31. Pension Participant Behavior (Julie R. Agnew).

　Chapter r 32. Institutional Investors (Tarun Ramadorai).

　Chapter r 33. Derivative Markets (Peter Locke).

PART VI. SOCIAL INFLUENCES.

　Chapter r 34. The Role of Culture and Finance (RohanWilliamson).

　Chapter r 35. Social Interactions and Investing (MarkSeasholes).

　Chapter r 36. Mood (Tyler Shumway).

Part VII. Answers to 　Chapter r Discussion Questions.

Index.

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Behavioral Finance: Investors, Corporations, And Markets 9780470499115

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