Behavioral finance argues that some financial phenomena can plausibly be understood using models in which some agents are not fully rational. The field has two building blocks: limits to arbitrage, which argues that it can be difficult for rational traders to undo the dislocations caused by less...

Behavioral finance argues that some financial phenomena can plausibly be understood using models in which some agents are not fully rational. The field has two building blocks: limits to arbitrage , which argues that it can be difficult for rational traders to undo the dislocations caused by...

Rezension: Nudge ist der kleine "Schubser", eine Mischung aus Hilfestellung und Manipulation, mit dem "Entscheidungsarchitekten" in Firmen, Institutionen und Regierungen das Verhalten der Menschen zu deren Nutzen beeinflussen können. Die Autoren (Thaler ist Ökonom, Sunstein Jurist und Berater...