Für diesen Artikel ist leider kein Bild verfügbar.

Behavioral Finance

Limited Rationality in Financial Markets
Buch | Hardcover
400 Seiten
2021 | 3rd edition
UVK (Verlag)
978-3-7398-1939-6 (ISBN)
49,99 inkl. MwSt
  • Titel wird leider nicht erscheinen
  • Artikel merken
Over the last 50 years, neoclassical financial theory has been dominating our perception of what is happening in financial markets. It has spurred numerous valuable theories and concepts all based on the concept of Homo Economicus, the strictly rational economic man. However, humans do not always act in a strictly rational manner.
For students and practitioners alike, our book aims at opening the door to another perspective on financial markets: a behavioral perspective based on a Homo Oeconomicus Humanus. This agent acts with limited rationality when making decisions. He/she uses heuristics and shortcuts and is prone to the influence of emotions. This sounds familiar in real life and can be transferred to what happens in financial markets, too.

Dr. Rolf J. Daxhammer is professor for Financial Markets at ESB Business School, Reutlingen University. His teaching and research interests are International Financial Markets, Investment Banking and Behavioral Finance. In his consulting work he is engaged in projects in Private Wealth Management und Financial Nudging, amongst others.Máté Facsar is Vice President Sales in the Strategic Client Group of FactSet, a global provider of market data and software solutions. His close cooperation with investment professionals enables him to monitor the application of Behavioral Finance in Asset and Wealth Management. After a banking traineeship, he studied International Business Administration at the ESB Business School in Reutlingen, Germany.Zsolt Papp, managing director, is a senior investment specialist within the Global Fixed Income, Currency & Commodities (GFICC) group. Based in London, Zsolt is responsible for client management, product design and new business development for the Emerging Markets Debt team.

Section 1: The Homo Economicus in the center of Traditional Finance
1. How Traditional Finance shaped the Rational Economic Man
2. Limitations of the traditional finance theory
Section II: Recurring speculative bubbles - triggered by the Homo Oeconomicus Humanus
3. Investor behavior from the perspective of Behavioral Finance
4. Speculative bubbles as a sign of market anomalies
5. Historical speculative asset price bubbles
Section III: Homo Oeconomicus Humanus in information and decision making processes
6. Phases of decisions making
7. Limited rationality in the perception of information
8. Limited rationality in the processing of information
9. Limited rationality in investment decisions
Section IV: Applications of Behavioral Finance and recent developments
10. Applications of Behavioral Finance in Wealth Management
11. Application of Behavioral Finance in corporate management
12. Financial Nudging - behavioral approaches for better financial decisions
13. Further development of Behavioral Finance - a look into the future

Erscheint lt. Verlag 18.10.2021
Sprache englisch
Maße 170 x 240 mm
Themenwelt Wirtschaft Betriebswirtschaft / Management Allgemeines / Lexika
Schlagworte Asset price bubbles • Corporate Management • Decision making processes • Finance Theory • Financial Nudging • Homo economicus • Investment Decisions • Investor behavior • Limited Rationality • Market anomalies • perception of information • Rational Economic Man • Speculative Bubbles • traditional finance • Wealth Management
ISBN-10 3-7398-1939-1 / 3739819391
ISBN-13 978-3-7398-1939-6 / 9783739819396
Zustand Neuware
Haben Sie eine Frage zum Produkt?
Mehr entdecken
aus dem Bereich
umfassende Einführung aus managementorientierter Sicht

von Jean-Paul Thommen; Ann-Kristin Achleitner …

Buch | Hardcover (2023)
Springer Gabler (Verlag)
59,99