000 01726cam a2200193Mi 4500
999 _c35892
_d35892
001 nam a22 7a 4500
020 _a9783319887692
082 _a332.6019 MO FI
100 1 _aMoosa, Imad A.
_921244
245 1 4 _aThe financial consequences of behavioural biases :
_ban analysis of bias in corporate finance and financial planning
_cImad A. Moosa, Vikash Ramiah
260 _aCham :
_bSpringer International Publishing,
_cc2017.
300 _axv, 174 p. :
_bill. ;
_c22 cm.
500 _a""4.4.1 Representativeness Bias and Over-Reaction""
520 _aThis book provides a concise analysis of behavioural biases and their implications for financial decision making. The book is written in the normative tradition, arguing strongly for the superiority of behavioural finance with respect to explaining observed phenomena in financial markets. It offers some unique features, including a discussion of the issue of conspiracy theory and how behavioural biases lead to belief in conspiracy theories. Lingering belief in the principles of neoclassical finance is attributed in part to the doctrine of publish or perish, which dominates contemporary academia. The offshoots of behavioural finance are discussed in detail, including ecological finance, environmental finance, social finance, experimental finance, neurofinance, and emotional finance. A comprehensive discussion of narcissism is presented where it is demonstrated that narcissistic behaviour is prevalent in the finance industry and that it led to the eruption of the global financial crisis.
650 0 _aFinance
_925
700 1 _aRamiah, Vikash
_921248
856 _uhttps://uowd.box.com/s/5gjkje3xpj9pb0o1rcb3xi5ct5s2vteq
_zLocation Map
942 _cREGULAR