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A supplement for undergraduate and graduate Investments courses. See the decision-making process behind investments. The Psychology of Investing is the first te
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Long before the financial meltdown and the red alert on climate change, some far-sighted innovators diagnosed the fatal flaws in an economic system driven by gr
Beyond Greed and Fear
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Even the best Wall Street investors make mistakes. No matter how savvy or experienced, all financial practitioners eventually let bias, overconfidence, and emot
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A Behavioral Approach to Asset Pricing
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Behavioral finance is the study of how psychology affects financial decision making and financial markets. It is increasingly becoming the common way of underst