Readership: Researchers and academics in economics and finance. Professional economists. Graduate students and advanced undergraduates in finance.
Andrei Shleifer, Professor of Economics, Harvard University
"One of the very first books on behavioural finance ... covers some of the most important ideas in behavioural finance ... a rich source of empirical facts and new ideas, waiting to be further explored in financial economics ... Every financial economist, in particular those being trained in the classical finance school, should read this high-level book on behavioural finance. It is full of provocative and inspiring ideas that will keep your mind busy for many hours. I am sure this excellent book will become a classic in behavioural finance." - Journal of Institutional and Theoretical Economics
Are Financial Markets Efficient? Noise Trader Risk in Financial Markets The Closed-End Fund Puzzle Professional Arbitrage A Model of Investor Sentiment Positive Feedback Investment Strategies Open Problems