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0-691-12175-3

Главная  » Научно-техническая литература » Академическая литература зарубежных издательств » Академическая литература издательства Wiley » Advances in Behavioral Finance: Volume 2

Thaler R., Advances in Behavioral Finance: Volume 2

Princeton University Press, 2005 г., 728 стр., 0-691-12175-3


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This book offers a definitive and wide-ranging overview of developments in behavioral finance over the past ten years. In 1993, the first volume provided the standard reference to this new approach in finance--an approach that, as editor Richard Thaler put it, "entertains the possibility that some of the agents in the economy behave less than fully rationally some of the time." Much has changed since then. Not least, the bursting of the Internet bubble and the subsequent market decline further demonstrated that financial markets often fail to behave as they would if trading were truly dominated by the fully rational investors who populate financial theories. Behavioral finance has made an indelible mark on areas from asset pricing to individual investor behavior to corporate finance, and continues to see exciting empirical and theoretical advances. "Advances in Behavioral Finance: Volume 2" constitutes the essential new resource in the field. It presents twenty recent papers...

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