Titlebook: Behavioral Finance and Capital Markets; How Psychology Influ Adam Szyszka Book 2013 Adam Szyszka 2013 asset pricing.behavioral finance.capi

PALMY

Reclamation Policy and Scientific Context,This chapter systematizes and thoroughly discusses a number of phenomena observed on the capital market that the classical theory of finance considers abnormal.

貝雷帽

Gottfried Eckart,Dietrich PutzerIn the previous chapter it was taken for granted that corporate managers act fully rationally and adopt their decisions to temporary market inefficiencies and investor biases. In this chapter we take a different approach and assume that managers, similar to investors, may behave in less than fully rational ways.

劇毒

Asset-Pricing Anomalies and Investment StrategiesThis chapter systematizes and thoroughly discusses a number of phenomena observed on the capital market that the classical theory of finance considers abnormal.

Asperity

Managerial Biases in Corporate PolicyIn the previous chapter it was taken for granted that corporate managers act fully rationally and adopt their decisions to temporary market inefficiencies and investor biases. In this chapter we take a different approach and assume that managers, similar to investors, may behave in less than fully rational ways.

蚊帳

thwart

fructose

Heuristics and Biases among Corporate Managersn the psychology literature were later transposed onto economics and finance in an attempt to explain the real behavior of market participants. Typically, most of the focus on the irrational behavior of investors.

BORE

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Reservation

易受騙

Ken Fujimoto,Shizuho Miki,Tamaki Moritalassical financial economics do not take into account the possibility of decision maker irrationality. It is often assumed that irrational investors are not coordinated and therefore their behavior cancels out. And even if irrationality becomes strong and common among a large group of investors, it