Cognitive Biases in the Capital Investment Context

Theoretical Considerations and Empirical Experiments on Violations of Normative Rationality
1. Auflage 2011
ISBN: 978-3-8349-2643-2
Verlag: Gabler Verlag

Buch, Englisch, 255 Seiten, Format (B × H): 148 mm x 210 mm, Gewicht: 398 g

Sebastian Serfas shows how cognitive biases systematically affect and distort capital investment-related decision making and business judgements. He provides a large number of examples that every business practitioner might encounter every day, demonstrates the detrimental effects through various empirical experiments, and outlines potential counterstrategies to mitigate these negative effects.

Zielgruppe

Research

Autoren/Hrsg.

Serfas, Sebastian

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Finanzierung, Investition, Leasing
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Unternehmensfinanzierung

Inhaltsverzeichnis

Theoretical Foundations of Capital Investments and Cognitive Biases; Cognitive Biases in the Capital Investment Context; Empirical Experiments; Debiasing and Potential Countermeasures

Über Autor(innen)

Dr. Sebastian Serfas completed his doctoral thesis under the supervision of Prof Dr. Uwe Götze at Chemnitz University of Technology. He conducts research at the intersection of psychology and business administration and works for a leading management consultancy.