Behavioral Finance and Capital Markets: How Psychology Influences Investors and Corporations

Author:   A. Szyszka
Publisher:   Palgrave Macmillan
ISBN:  

9781137338747


Pages:   335
Publication Date:   12 September 2013
Format:   Hardback
Availability:   In Print   Availability explained
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Behavioral Finance and Capital Markets: How Psychology Influences Investors and Corporations


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Full Product Details

Author:   A. Szyszka
Publisher:   Palgrave Macmillan
Imprint:   Palgrave Macmillan
Dimensions:   Width: 15.20cm , Height: 2.10cm , Length: 22.90cm
Weight:   6.164kg
ISBN:  

9781137338747


ISBN 10:   1137338741
Pages:   335
Publication Date:   12 September 2013
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

1. Behavioral Approach Versus Neoclassical Theory of Finance.- 2. Psychological Aspects of Decision Making.- 3. Investor Behavior.- 4. Asset Pricing Anomalies and Investment Strategies.- 5. Market-wide Consequences of Behavioral Biases.- 6. Behavioral Insights into Financial Crisis.- 7. Rational Corporations in Irrational Markets.- 8. Managerial Biases in Corporate Policy.- 9. Empirical Evidence on Managerial Practice.- 10. Heuristics and Biases Among Corporate Managers.

Reviews

Adam Szyszka presents in this excellent book a comprehensive review of the growing field of behavioral finance, useful for academics, practitioners, and students. - Meir Statman, Glenn Klimek Professor of Finance, Santa Clara University, USA A timely comprehensive overview of the growing behavioral finance literature. An integrative approach, focusing both on implications for asset management as well as corporate finance. - Theo Vermaelen, Professor of International Finance and Asset Management, INSEAD Business School, Co-manager of DIM PV Buyback USA Fund, Belgium An interesting book for business students and managers looking for a systematic introduction to all aspects of behavioral finance. - Werner De Bondt, Professor of Behavioral Finance, DePaul University, USA A well-thought and well-researched book which analyses the role of fear and greed in finance and offers thus an original perspective on recent financial crises. - Professor Philippe Maystadt, Honorary President of the European Investment Bank, Belgium


Adam Szyszka presents in this excellent book a comprehensive review of the growing field of behavioral finance, useful for academics, practitioners, and students. - Meir Statman, Glenn Klimek Professor of Finance, Santa Clara University, USA A timely comprehensive overview of the growing behavioral finance literature. An integrative approach, focusing both on implications for asset management as well as corporate finance. - Theo Vermaelen, Professor of International Finance and Asset Management, INSEAD Business School, Co-manager of DIM PV Buyback USA Fund, Belgium An interesting book for business students and managers looking for a systematic introduction to all aspects of behavioral finance. - Werner De Bondt, Professor of Behavioral Finance, DePaul University, USA A well-thought and well-researched book which analyses the role of fear and greed in finance and offers thus an original perspective on recent financial crises. - Professor Philippe Maystadt, Honorary President of the European Investment Bank, Belgium


Szyszka provides an excellent introduction to this intellectual conflict [between the dominant neoclassical and upstart behavioral paradigms] and the basic contours of the theoretical and empirical grounds upon which the battle is taking place. The text offers something for just about any reader interested in a better understanding of capital markets, whether undergraduate students considering a future in finance, graduate students forming their own research agenda, or professionals in finance wanting to develop better predictive models or simply gain a better grasp of current academic debates about market behavior. Summing Up: Highly recommended. - CHOICE Szyszka presents in this excellent book a comprehensive review of the growing field of behavioral finance, useful for academics, practitioners, and students. - Meir Statman, Glenn Klimek Professor of Finance, Santa Clara University, USA A timely comprehensive overview of the growing behavioral finance literature. An integrative approach, focusing both on implications for asset management as well as corporate finance. - Theo Vermaelen, Professor of International Finance and Asset Management, INSEAD Business School, Co-manager of DIM PV Buyback USA Fund, Belgium An interesting book for business students and managers looking for a systematic introduction to all aspects of behavioral finance. - Werner De Bondt, Professor of Behavioral Finance, DePaul University, USA A well-thought and well-researched book which analyses the role of fear and greed in finance and offers thus an original perspective on recent financial crises. - Professor Philippe Maystadt, Honorary President of the European Investment Bank, Belgium


Szyszka provides an excellent introduction to this intellectual conflict [between the dominant neoclassical and upstart behavioral paradigms] and the basic contours of the theoretical and empirical grounds upon which the battle is taking place. The text offers something for just about any reader interested in a better understanding of capital markets, whether undergraduate students considering a future in finance, graduate students forming their own research agenda, or professionals in finance wanting to develop better predictive models or simply gain a better grasp of current academic debates about market behavior. Summing Up: Highly recommended. - CHOICE Szyszka presents in this excellent book a comprehensive review of the growing field of behavioral finance, useful for academics, practitioners, and students. - Meir Statman, Glenn Klimek Professor of Finance, Santa Clara University, USA A timely comprehensive overview of the growing behavioral finance literature. An integrative approach, focusing both on implications for asset management as well as corporate finance. - Theo Vermaelen, Professor of International Finance and Asset Management, INSEAD Business School, Co-manager of DIM PV Buyback USA Fund, Belgium An interesting book for business students and managers looking for a systematic introduction to all aspects of behavioral finance. - Werner De Bondt, Professor of Behavioral Finance, DePaul University, USA A well-thought and well-researched book which analyses the role of fear and greed in finance and offers thus an original perspective on recent financial crises. - Professor Philippe Maystadt, Honorary President of the European Investment Bank, Belgium


Author Information

Adam Szyszka is a Professor of finance and economics at the Warsaw School of Economics and at the Poznan University of Economics, Poland. Professor Szyszka was the Fulbright Doctoral Scholar and later the Kosciuszko Foundation Postdoctoral Fellow at the Columbia University in New York. He participated in seminars and lectured at a number of internationally known institutions of higher education including Harvard Business School, Freie Universitaet in Berlin, Tsinghua University in Beijing, and the University of Adelaide in Australia. He has also served as a consultant to PricewaterhouseCoopers, an investment banker in Bank Millennium, and a partner in AT INVEST, which he co-founded.

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