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Investor Behavior: The Psychology of Financial Planning and Investing

Amazon.com Price:  $101.92 (as of 20/04/2019 09:45 PST- Details)

Description

WINNER, Business: Personal Finance/Making an investment, 2015 USA Best Book Awards

FINALIST, Business: Reference, 2015 USA Best Book Awards

Investor Behavior provides readers with a comprehensive understanding and the contemporary 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 keep in mind 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 will have to also be of interest to academics, investors, and students.

The book will cover the major principles of investor psychology, including heuristics, bounded rationality, be apologetic about 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 more than a few 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 Making an investment, mutual funds, and real estate Making an investment from a behavioral perspective. Empirical evidence and current literature about each and every type of investment issue are featured. Cited research studies are presented in a straightforward manner that specialize in the comprehension of study findings, quite than on the main points of mathematical frameworks.

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