A Behavioral Approach to Asset Pricing (Academic Press Advanced Finance)

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A Behavioral Approach to Asset Pricing (Academic Press Advanced Finance) image
ISBN-10:

0123743567

ISBN-13:

9780123743565

Author(s): Shefrin, Hersh
Edition: 2
Released: Jun 02, 2008
Publisher: Academic Press
Format: Hardcover, 618 pages

Description:

Behavioral finance is the study of how psychology affects financial decision making and financial markets. It is increasingly becoming the common way of understanding investor behavior and stock market activity. Incorporating the latest research and theory, Shefrin offers both a strong theory and efficient empirical tools that address derivatives, fixed income securities, mean-variance efficient portfolios, and the market portfolio. The book provides a series of examples to illustrate the theory.

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