Am Kapitalmarkt agierende Investoren zeigen Verhaltensweisen, die dem klassischen Verständnis von einem rational handelnden Individuum (Homo oeconomicus) widersprechen. Hierzu zählt auch das Phänomen des Dispositionseffektes. Der Dispositionseffekt führt zu einer schlechteren Wertentwicklung...

Investor Behavior provides readers with a comprehensive understanding and the latest research in the area of behavioral finance and investor decision making. Blending contributions from noted academics and experienced practitioners, this 30-chapter book will provide investment professionals with...

Modern financial markets offer the real world's best approximation to the idealized price auction market envisioned in economic theory. Nevertheless, as the increasingly exquisite and detailed financial data demonstrate, financial markets often fail to behave as they should if trading were truly...

A definitive guide to the growing field of behavioral finance This reliable resource provides a comprehensive view of behavioral finance and its psychological foundations, as well as its applications to finance. Comprising contributed chapters written by distinguished authors from some of the...