000			04241nam a2200361Ki 4500
001			ocn974711971
003			OCoLC
005			20240726104747.0
008			170307s2017 nyu o 000 0 eng d
040			_aNT _beng _erda _epn _cNT
020			_a9780190626488 _q((electronic)l(electronic)ctronic)
050	0	4	_aHG179 _b.F563 2017
049			_aMAIN
100	1		_aStatman, Meir, _e1
245	1	0	_aFinance for normal people : _bhow investors and markets behave / _cMeir Statman.
260			_aNew York City : _bOxford University Press, _c(c)2017.
300			_a1 online resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_adata file _2rda
504			_a2
520	0		_a" Finance for Normal People teaches behavioral finance to people like you and me - normal people, neither rational nor irrational. We are consumers, savers, investors, and managers - corporate managers, money managers, financial advisers, and all other financial professionals. The book guides us to know our wants-including hope for riches, protection from poverty, caring for family, sincere social responsibility and high social status. It teaches financial facts and human behavior, including making cognitive and emotional shortcuts and avoiding cognitive and emotional errors such as overconfidence, hindsight, exaggerated fear, and unrealistic hope. And it guides us to banish ignorance, gain knowledge, and increase the ratio of smart to foolish behavior on our way to what we want. These lessons of behavioral finance draw on what we know about us-normal people-including our wants, cognition, and emotions. And they draw on the roles of these factors in saving and spending, portfolio construction, returns we can expect from our investments, and whether we can hope to beat the market. Meir Statman, a founder of behavioral finance, draws on his extensive research and the research of many others to build a unified structure of behavioral finance. Its foundation blocks include normal behavior, behavioral portfolio theory, behavioral life-cycle theory, behavioral asset pricing theory, and behavioral market efficiency. "-- _cProvided by publisher.
520	0		_a"Behavioral finance is finance for normal people, like you and me. This book is also about transformation from normal-ignorant to normal-knowledgeable, learning the lessons of behavioral finance and applying them to banish ignorance, gain knowledge, and increase the ratio of smart to stupid behavior on our way to what we want. This book offers behavioral finance as a unified structure that incorporates parts of standard finance, replaces others, and includes bridges between theory, evidence, and practice"-- _cProvided by publisher.
505	0	0	_aMachine generated contents note: / _rstrong>Introduction: What is Behavioral Finance?</strong> / _rstrong>Part 1: Behavioral People are Normal People</strong> -- _tChapter 1: Normal People -- _tChapter 2: Our Wants for Utilitarian, Expressive, and Emotional Benefits -- _tChapter 3: Cognitive Shortcuts and Errors -- _tChapter 4: Emotional Shortcuts and Errors -- _tChapter 5: Correcting Cognitive and Emotional Errors -- _tChapter 6: Experienced Happiness, Life-Evaluation, and Choices: Expected Utility Theory and Prospect Theory -- _tChapter 7: Behavioral Finance Puzzles: The Dividend Puzzle, the Disposition Puzzle, and the Puzzles of Dollar-Cost-Averaging and Time-Diversification / _rstrong>Part 2: Behavioral Finance in Portfolios, Life-Cycles, Asset Prices, and Market Efficiency</strong> -- _tChapter 8: Behavioral Portfolios -- _tChapter 9: Behavioral Life-Cycles of Saving and Spending -- _tChapter 10: Behavioral Asset Pricing -- _tChapter 11: Behavioral Market Efficiency -- _tChapter 12: Lessons of Behavioral Finance.
530			_a2 _ub
650		0	_aFinance, Personal.
655		1	_aElectronic Books.
856	4	0	_zClick to access digital title | log in using your CIU ID number and my.ciu.edu password. _uhttpss://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1481475&site=eds-live&custid=s3260518
942			_cOB _D _eEB _hHG _m2017 _QOL _R _x _8NFIC _2LOC
994			_a92 _bNT
999			_c77396 _d77396
902			_a1 _bCynthia Snell _c1 _dCynthia Snell