Behavioral Finance Psychology Decision-Making and Markets(1st edition)

Authors:

Lucy Ackert

Type:Hardcover/ PaperBack / Loose Leaf
Condition: Used/New

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Book details

ISBN: 324661177, 978-0538752862, 538752866, 978-1111781675, 1111781672, 978-1133455486, 978-0324661170

Book publisher: Cengage Learning

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Book Price $0 : Behavioral Finance: Psychology, Decision-Making, and Markets by Lucy Ackert is an insightful exploration into the intersection of psychology and financial markets. The book delves into key behavioral finance concepts such as cognitive biases, heuristics, and market anomalies, replacing traditional financial theories with explanations centered around human behavior. Ackert provides readers with an in-depth analysis of how psychological factors influence investor decisions and market outcomes, thus offering a rich perspective for understanding market fluctuations. The book's comprehensive approach includes a meticulous table of contents that guides readers through topics like prospect theory, market efficiency critiques, and the implications of overconfidence in trading deliberations. Furthermore, the narrative is supported by a practical solution manual and an answer key that aids readers in exploring concepts through applied examples. Ackert's work is widely acclaimed in academic circles, appreciated for its clarity in presenting complex ideas, bridging the gap between finance theory and psychological insights. This book is particularly valuable for finance students and professionals who wish to comprehend the behavioral nuances affecting economic environments. A robust answer key complements the academic rigor, offering readers immediate feedback on self-assessment exercises. Designed with affordability in mind, this cheap text ensures equitable learning opportunities worldwide.