000			02079nam a22002417a 4500
999			_c246 _d246
005			20190830121732.0
008			190830b ||||| |||| 00| 0 eng d
020			_a9780190868734
082			_a336.2019 _bBAK
100			_aBaker, H. Kent _9696
245			_aBehavioral finance: what everyone needs to know
260			_bOxford University Press _aLondon _c2019
300			_axvii, 226 p.
365			_aGBP _b10.99
504			_aTable of Contents Chapter 1. Foundations and Psychological Concepts Chapter 2. Cognitive Biases Chapter 3. Emotional Biases and Social/Cultural Influences Chapter 4. Investor Behavior Chapter 5. Nudge: The Influence of Frame Dependence Chapter 6. Cognitive Ability Notes Index
520			_aPeople tend to be penny wise and pound foolish and cry over spilt milk, even though we are taught to do neither. Focusing on the present at the expense of the future and basing decisions on lost value are two mistakes common to decision-making that are particularly costly in the world of finance. Behavioral Finance: What Everyone Needs to KnowR provides an overview of common shortcuts and mistakes people make in managing their finances. It covers the common cognitive biases or errors that occur when people are collecting, processing, and interpreting information. These include emotional biases and the influence of social factors, from culture to the behavior of one's peers. These effects vary during one's life, reflecting differences in due to age, experience, and gender. Among the questions to be addressed are: How did the financial crisis of 2007-2008 spur understanding human behavior? What are market anomalies and how do they relate to behavioral biases? What role does overconfidence play in financial decision- making? And how does getting older affect risk tolerance?
650			_aFinance--Psychological aspects _9697
650			_aInvestments--Decision making _9698
650			_aInvestments--Psychological aspects _9699
700			_aBaker, H. Kent _9696
700			_aNofsinger, John R. _9700
942			_2ddc _cBK