Baker / Ricciardi Investor Behavior

The Psychology of Financial Planning and Investing
1. Auflage 2014
ISBN: 978-1-118-72702-7
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 640 Seiten, E-Book

Reihe: Wiley Finance Editions

WINNER, Business: Personal Finance/Investing, 2015 USA Best Book Awards
FINALIST, Business: Reference, 2015 USA Best Book Awards
Investor Behavior provides readers with a comprehensive understanding and the latest research in the area of behavioral finance and investor decision making. Blending contributions from noted academics and experienced practitioners, this 30-chapter book will provide investment professionals with insights on how to understand and manage client behavior; a framework for interpreting financial market activity; and an in-depth understanding of this important new field of investment research. The book should also be of interest to academics, investors, and students.
The book will cover the major principles of investor psychology, including heuristics, bounded rationality, regret theory, mental accounting, framing, prospect theory, and loss aversion. Specific sections of the book will delve into the role of personality traits, financial therapy, retirement planning, financial coaching, and emotions in investment decisions. Other topics covered include risk perception and tolerance, asset allocation decisions under inertia and inattention bias; evidenced based financial planning, motivation and satisfaction, behavioral investment management, and neurofinance. Contributions will delve into the behavioral underpinnings of various trading and investment topics including trader psychology, stock momentum, earnings surprises, and anomalies. The final chapters of the book examine new research on socially responsible investing, mutual funds, and real estate investing from a behavioral perspective. Empirical evidence and current literature about each type of investment issue are featured. Cited research studies are presented in a straightforward manner focusing on the comprehension of study findings, rather than on the details of mathematical frameworks.

Autoren/Hrsg.

Baker, H. Kent

Ricciardi, Victor

Über Autor(innen)

H. KENT BAKER is University Professor of Finance atAmerican University's Kogod School of Business in Washington, DC.As one of the most prolific finance academics, he has authored oredited 21 books and published more than 150 refereed articles. Hehas consulting and training experience with more than 100organizations, serves on multiple editorial boards, and is the PastPresident of the Southern Finance Association. Professor Bakerholds eight earned degrees including three doctorates as well asCFA and CMA designations.
VICTOR RICCIARDI specializes in current trends inbehavioral finance. As Assistant Professor of Financial Managementat Goucher College in Baltimore, Maryland, he has made importantcontributions to understanding the psychology of investing.Professor Ricciardi also serves as Coordinator of Behavioral andExperimental Research for the Social Science Research Network(SSRN). He edits several SSRN eJournals related to behavioralfinance, financial history, behavioral economics, risk-takingbehavior, and behavioral accounting.