Introduction: capitalism and the boundaries of finance -- The boundaries of finance in the sociological tradition -- Prestige, at last: the social closure of the stock exchange -- Financial knowledge and the science of the market -- Close up: price data, machines, and organizational boundaries...

"Behavioral finance helps investors understand unusual asset prices and empirical observations originating out of capital markets. At its core, this field of study aids investors navigating complex psychological trappings in market behavior and making smarter investment decisions. Behavioral...

We use minutes from 17,000 financial advisory sessions and corresponding client portfolio data to study how client involvement affects advisor recommendations and portfolio outcomes. We find that advisors confronted with acquiescent clients stick to standards and recommend expensive but well...