This work investigates whether traders’ state dependant expectations biases can account for anomalous country fund price movements for a seven year period spanning the 2007-08 banking crises. We provide a multiple agent asset-pricing model that includes both rational traders and traders who...

The purpose of this work is to explore the extent to which landowners' land-use decisions are influenced by heterogeneous land-use preferences, spatial externalities, and unique suitability features? We develop and calibrate a heterogeneous-agent portfolio-theory model to the historical Southern...

The Handbook of Behavioral Finance is a comprehensive, topical and concise source of cutting-edge research on recent developments in behavioral finance.

The Burren landscape which stands out as one of the most magnificent managed landscapes in all of Europe has recently come under threat due to a shift in farm management practices. As a result of evolving market trends and social structures, traditional farming methods are being replaced by more...