Daxhammer R. Behavioral Finance. Limited Rationality in Financial Markets 2023.pdf
7.38 MB
Externally indexed torrent
If you are the original uploader, contact staff to have it moved to your account
Textbook in PDF format
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
Comments need intelligible text (not only emojis or meaningless drivel). No upload requests, visit the forum or message the uploader for this. Use common sense and try to stay on topic.