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Finance and the Behavioral Prospect Risk, Exuberance, and Abnormal Markets /
This book explains how investor behavior, from mental accounting to the combustible interplay of hope and fear, affects financial economics. The transformation of portfolio theory begins with the identification of anomalies. Gaps in perception and behavioral departures from rationality spur momentum...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Cham :
Springer International Publishing : Imprint: Palgrave Macmillan,
2016.
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| Edición: | 1st ed. 2016. |
| Colección: | Quantitative Perspectives on Behavioral Economics and Finance,
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| Temas: | |
| Acceso en línea: | Texto Completo |
Tabla de Contenidos:
- 1 The Structure of a Behavioral Revolution
- 2 Mental Accounting, Emotional Hierarchies, and Behavioral Heuristics
- 3 Higher-Moment Capital Asset Pricing and Its Behavioral Implications
- 4 Tracking the Low-Volatility Anomaly Across Behavioral Space
- 5 The Intertemporal Capital Asset Pricing Model: Hedging Investment Risk Across Time
- 6 Risk Aversion
- 7 The Equity Risk Premium and the Equity Premium Puzzle
- 8 Prospect Theory
- 9 Specific Applications of Prospect Theory to Behavioral Finance
- 10 Beyond Hope and Fear: Behavioral Portfolio Theory
- 11 Behavioral Gaps Between Hypothetical Investment Returns and Actual Investor Returns
- 12 Irrational Exuberance: Momentum Crashes and Speculative Bubbles
- Conclusion: The Monster and the Sleeping Queen.