Keyword(s): behavioral finance
12/22/12
Important academic paper to "calibrate" judgement related to corporate decision making:
Ben-David, Itzhak, Graham, John R. and Harvey, Campbell R., Managerial Miscalibration (August 8, 2012). Charles A. Dice Center Working Paper No. 2010-12; Fisher Co… more »
09/17/11
The Marvels and the Flaws of Intuitive Thinking, Daniel Kahneman, Nobelprize WinnerKeywords: Psychology, Behavioral Finance more »
06/04/11
Following book has been recommended in today's Finanz & Wirtschaft by Prof. Thorsten Hens, Institute for Banking and Finance of the University of Zurich:click on picture to go to the related Amazone page"Inside the Investor's Brain provid… more »
05/23/11
Following reasearch does say NO:
Vissing-Jorgensen, Annette, Perspectives on Behavioral Finance: Does 'Irrationality' Disappear with Wealth?, Kellogg School of Management, Northwestern University, June 2003
Abstract:
"The paper discusses t… more »
04/24/11
Brenner, Menachem, Izhakian, Yehuda and Sade, Orly, Ambiguity and Overconfidence (February 24, 2011). Available at SSRN: http://ssrn.com/abstract=1773663
Abstract:
"There are two phenomena in behavioral finance and economics which are seemingly unr… more »
02/13/11
Investors often make investment decisions that are counterproductive. Even if investors understand the fundamentals of investing, decisions are not always rational. Bevavioral finance tries to understand how cognitive errors and emotional biases contribu… more »
03/14/10
Find here an interesting series (particularly video interviews) on behavioral finance:PBS: Behavioral Finance Basics more »
12/27/09
Read the previous post about behavioral finance and have a look at this. more »
Nobody can predict the development of stock prices. After the terrible stock market year of 2008 many market players believed to be able to beat the market by clever buying and selling strategies. They tend to forget that psychological factors interfere… more »
08/10/07
In previous posts either in the behavioral finance or the stock market sector we have dealt with the herding phenomena of investors and consequently with information cascades. Information cascades are a situation where individuals, based on observations… more »
08/06/07
We have heard lately about hedge funds and mortgage vehicles getting into troubles or even bankruptcy due to overexposure in the subprime loan market. From a retrospective view financial economists might be surprised why the managers of such vehicles cou… more »
05/30/07
As learnt from other posts, behavioral finance deals with the topic how people's emotions affect their investment decisions and finally their performance.
Many studies have shown that a lot of human beings are amazingly irrational about money and the… more »
04/21/07
In the behavioral finance and the stock market segment of this blog we dealt with questions of rational behavior and irrational exuberance.
If you look at ideas which brought major changes to the world you might realize that great ideas and innovatio… more »
04/20/07
Herding among analysts is a behavioral finance subject. There are various comprehensive studies about this subject leading to a variety of results. Most of these studies use US data as the availability of relevant data is the highest in the US.
Sofia… more »
03/16/07
Experimental economics has shown that decisions in complex financial situations are not always fully rational and violate the principles which have been developed by economists over time. This is also true for corporate finance decisions where research s… more »
02/23/07
This working paper of Amos Tuck was chosen because it shows that decisions in the corporate finance world are not always completely rational and that not all investing patterns are easy to reconcile with existing corporate finance theory. Some very inter… more »
02/11/07
In behavioral finance - more so than classical finance theory - computers play an important role in the practical implementation of trading strategies.
In this "game" it's not about an analyst's unprecedented ability to identify an undervalued title b… more »
01/21/07
Today NZZ am Sonntag published various articles and one opinion on the lax Swiss regulation regarding position build-up strategies in public stocks for takeover bids. One such article is available at our sister blog "Stock Market".
In the opinion col… more »
01/07/07
XML Feeds_______________________________________________________________________________
Latest NBER working papers_______________________________________________________________________________
Feeds of institutions supporting free market ideas________________________________________________________________________________________________________
Recommended search terms (click on terms):
Analysts, Analyst Recommendation, Animal Spirits, Austerity, Bail out, Behavioral Finance, Bubble, Buyout, Carried Interest Taxation, Central Banks, CEO, Compensation, Contagion, Corporate Governance, Creative Destruction, Crisis, Currency War, Decoupling, Deflation, Depression, Economic Outlook, Economic Stimulus, Entrepreneur, Exchange Rates, Fiscal Policy, Forecast, Hedge Fund, Herding, Inflation, Information Cascades, LBO, Innovation Minsky Cycle, Monetary Policy, Moral Hazard, Mortgage, Nationalization, Protectionism, Recession, Regulation, Shareholder Activism, Sovereign Wealth Funds, Subprime, Taxes, Tobin Tax, Venture Capital, Walker Report, Yield Curve,Finance and Real Estate:
Biofuel, Carbon, Cleantech, Climate Change, CO2, Energy, Food Crisis, Food Prices, Externalities, Gold, Kuznets Curve, Solar, Oil, ______________________________________________________________________________________________________Natural Resources and Food:
FeedWind http://feed.mikle.com/Latest articles of selected institutions:
Imported information which does not show the source will be removed.
________________________________________________________________________________________
__________________________________________________________________________________
