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Advances in Behavioral Finance

Advances in Behavioral Finance

Paperback Roundtable Series in Behavioral Economics

Edited by Richard H. Thaler

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  • Publisher: Russell Sage Foundation
  • Format: Paperback | 544 pages
  • Dimensions: 152mm x 221mm x 30mm | 839g
  • Publication date: 19 August 1993
  • Publication City/Country: New York
  • ISBN 10: 0871548445
  • ISBN 13: 9780871548443
  • Edition statement: New.
  • Sales rank: 237,370

Product description

Modern financial markets offer the real world's best approximation to the idealized price auction market envisioned in economic theory. Nevertheless, as the increasingly exquisite and detailed financial data demonstrate, financial markets often fail to behave as they should if trading were truly dominated by the fully rational investors that populate financial theories.

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Author information

RICHARD H. THALER is Henrietta Johnson Louis Professor of Economics, and director of the Center for Behavioral Economics and Decision Research, Johnson Graduate School of Management, Cornell University."