01238nam 2200433 450 991082133680332120171107084041.00-87462-192-5(CKB)4340000000260666(MiAaPQ)EBC5322468(EXLCZ)99434000000026066620180406h20172017 uy 0engurcnu||||||||rdacontentrdamediardacarrierIdentity, authenticity, and humility /by Daniel O. DahlstromMilwaukee, Wisconsin :Marquette University Press,2017.©20171 online resource (144 pages)0-87462-191-7 Self (Philosophy)Identity (Philosophical concept)Authenticity (Philosophy)HumilitySelf (Philosophy)Identity (Philosophical concept)Authenticity (Philosophy)Humility.126Dahlstrom Daniel O.999837MiAaPQMiAaPQMiAaPQBOOK9910821336803321Identity, authenticity, and humility3917458UNINA02297nam0 2200517 i 450 BVE013652020251003044056.08814066647IT98-7297 20071222d1997 ||||0itac50 baitaitz01i xxxe z01nz01ncRDAcarrierL'informazione televisiva tra diritto comunitario e diritto internotesti e documentiArmando LambertiMilanoGiuffrè1997XIX, 699 p.24 cm.Diritto all'informazioneTutelaFIRCFIC024591ITelevisioneDiritto comunitarioFIRCFIC063903ITelevisioneDiritto comunitarioFIRCFIC063903I343.240994DIRITTO E CONTROLLO DELLE TELECOMUNICAZIONI. UNIONE EUROPEA22Tutela giuridicaDiritto dell'UEDiritto delle Comunità europeeDiritto dell'Unione europeaDiritto europeoDiritto dell'UEDiritto delle Comunità europeeDiritto dell'Unione europeaDiritto europeoTutelaTutela giuridicaDiritto comunitarioDiritto dell'UEDiritto comunitarioDiritto delle Comunità europeeDiritto comunitarioDiritto dell'Unione europeaDiritto comunitarioDiritto europeoDiritto comunitarioDiritto dell'UEDiritto comunitarioDiritto delle Comunità europeeDiritto comunitarioDiritto dell'Unione europeaDiritto comunitarioDiritto europeoLamberti, ArmandoCFIV128821070240664ITIT-00000020071222IT-BN0095 IT-AV0007 IT-NA0079 NAP 01D $NAP AVSEZ. M Sezione ModernaNAP BNL.P. $NAP AVMANCINO $BVE0136520Biblioteca Centralizzata di Ateneo1 v. 01D (AR) 23 269 01AR 0700232695 VMA 1 v.Y 1998062920200918 01 AV BNInformazione televisiva tra diritto comunitario e diritto interno208535UNISANNIO11647oam 22007693 450 991058308540332120240506010834.09780128112533012811253097801281125260128112522(CKB)3710000001412768(PPN)226790835(FR-PaCSA)88930658(MiAaPQ)EBC4890799(FRCYB88930658)88930658(Au-PeEL)EBL4890799(CaPaEBR)ebr11403766(OCoLC)992436692(EXLCZ)99371000000141276820210525d2017 uy 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierHandbook of Investors' Behavior During Financial Crises1st ed.San Diego :Elsevier Science & Technology,2017.©2017.1 online resource (516 pages)Cover -- Title -- Copyright page -- Contents -- List of Contributors -- Editor Bios -- Contributor Bios -- Acknowledgments -- Section A - Theoretical Perspectives of Investors' Behaviour During Financial Crises -- Chapter 1 - Debt Markets, Financial Crises, and Public Finance in the Eurozone: Action, Structure, and Experience in Greece -- 1.1 - Introduction and Theoretical Framework -- 1.2 - The Crisis Chronology -- 1.3 - Experiences -- 1.3.1 - The Greek Government -- 1.3.1.1 - The Prime Ministers -- 1.3.1.2 - The Ministers of Finance -- 1.3.2 - The European Central Bank -- 1.3.3 - The President of the Eurogroup -- 1.3.4 - The President of the European Commission -- 1.3.5 - The European Commissioner for Economic and Monetary Affairs and the Euro -- 1.3.6 - The President of the European Council -- 1.3.7 - The German Government -- 1.3.8 - The French Government -- 1.3.9 - The Greek Citizen -- 1.3.10 - The Investors -- 1.4 - The Structures -- 1.4.1 - The Structural Weaknesses of the Eurozone -- 1.4.2 - Structural Weaknesses of the Greek Economy -- 1.5 - Conclusions -- References -- Further Reading -- Chapter 2 - Investor Behavior Before and After the Financial Crisis: Accounting Standards and Risk Appetite in Fixed Income Investing -- 2.1 - Introduction -- 2.2 - Early Signs of Trouble -- 2.3 - Investor Fat Tail-Seeking -- 2.4 - Investor Behavior, Pre- and Postcrisis -- 2.5 - Benchmark-Relative Performance -- 2.5.1 - Nonlinearity in Asset and Portfolio Returns -- 2.6 - Information Ratio in a Low-Volatility/Rate Environment -- 2.7 - Probability of Outperformance and Investor Utility of Wealth -- 2.8 - Portfolio Ratings and Probability of Outperformance -- 2.9 - Conclusions -- References -- Further Reading -- Chapter 3 - Optimal Bubble Exit Strategies -- 3.1 - Introduction -- 3.2 - The Model -- 3.3 - The Game with Multiple Shots.3.4 - Cascading the Orders in Dark Pools -- 3.5 - Conclusions -- References -- Chapter 4 - Why History Matters to Financial Economists: The Case of Black Monday 1987 -- 4.1 - Introduction -- 4.2 - Analyzing Investor Behavior -- 4.2.1 - Errors are Information -- 4.2.2 - Experimental Economics and Economic History -- 4.3 - Prisoners' Dilemma and Investor Behavior -- 4.4 - Empirical Observations-The Black Monday of October 1987 -- 4.5 - Conclusions -- References -- Chapter 5 - Governing Financial Orders Which Have Been Grown and Not Made: The Origins of the Financial Crisis in Financial Gridlock -- 5.1 - Introduction -- 5.2 - Governing Financial Orders Which Have Been Grown and Not Made -- 5.3 - Common Elements in Recent Crises -- 5.4 - Financial Reform and the Law of Liberty -- 5.5 - Regulating a Grown Financial Order -- 5.6 - Fragmentation of Property Rights and Financial Order -- 5.7 - Illustrations of the Role of Fragmentation of Property Right in Inducing Crises -- 5.7.1 - Market Order as a Public Good -- 5.8 - Regulation as an Imperfect Substitute for Social Norms of Good Behavior -- 5.9 - Liberal Justification of Financial Regulation -- 5.10 - Tragedies of the Commons, Anticommons, and Gridlock -- 5.11 - Fragmentation of Property Rights as a Trigger for Financial Crisis and Reform -- 5.12 - Conclusions -- Appendix: Ownership Fragmentation and Conflicts in the CDO/CDS Market -- References -- Further Reading -- Chapter 6 - Overconfidence in Finance: Overview and Trends -- 6.1 - Market Efficiency and Investor Rationality -- 6.2 - Overconfidence -- 6.3 - Sources of Overconfidence -- 6.4 - Empirical Evidence on Overconfidence -- 6.5 - What Next for Overconfidence in Finance? -- 6.6 - Conclusions -- References -- Chapter 7 - Rational Agents and Irrational Bubbles -- 7.1 - Introduction.7.2 - An Application of AB to the United States 2006-07 Housing Bubble -- 7.2.1 - Exogenous Bubble -- 7.2.2 - Endogenous Bubble -- 7.3 - Conclusions -- References -- Chapter 8 - The Similarities Between the Bulgarian Local Financial Crisis in 1997 and the Global Financial Crisis in 2008 -- 8.1 - Introduction -- 8.2 - The Face of the Bulgarian Crisis -- 8.3 - On the Edge of the Crisis -- 8.4 - Investor Overconfidence -- 8.5 - The Development of the Bulgarian Financial Crisis -- 8.5.1 - Dramatic Devaluation of the Local Currency -- 8.5.2 - The Behavior of Commercial Banks -- 8.5.3 - Experiment with Index-Linked Bonds -- 8.5.4 - Rollover of Domestic Debt -- 8.5.5 - Why was it Important to Serve the Domestic Debt? -- 8.6 - The Recovery of the Trust in the Financial System -- 8.6.1 - Overcoming of the Political Crisis -- 8.6.2 - New Monetary Regime and Regulations -- 8.6.3 - Monetization of the Sovereign Debt-The Role of Psychological Perceptions -- 8.6.4 - Market Interest Rates-The Role of the Arbitration -- 8.6.5 - To Prudent Fiscal Policies After a Crisis -- 8.6.6 - Impulses for Structural Actions -- 8.7 - Conclusions -- References -- Section B - Empirical Evidence on Investors' Behaviour During Financial Crises -- Chapter 9 - Herding, Volatility, and Market Stress in the Spanish Stock Market -- 9.1 - Introduction -- 9.2 - Data -- 9.3 - Methodology and Results -- 9.3.1 - Herding Intensity Measure -- 9.3.2 - Market Stress and Herding Intensity -- 9.3.3 - Volatility Measure -- 9.3.4 - Volatility, Herding Intensity, and Market Stress -- 9.3.5 - Conditional Volatility Models and Herding -- 9.4 - Conclusions -- Acknowledgments -- References -- Chapter 10 - Did Security Analysts Overreact During the Global Financial Crisis? Canadian Evidence -- 10.1 - Introduction -- 10.2 - Conceptual Framework -- 10.2.1 - Financial Analysts' Forecast Accuracy.10.2.2 - Financial Analysts' Forecast Bias -- 10.3 - Data and Methodology -- 10.3.1 - Data -- 10.3.2 - Financial Analysts' Forecast (FAF) Accuracy: A Definition -- 10.3.3 - FAF Bias: A Definition -- 10.3.4 - FAF by Subperiods and Types of Earnings -- 10.4 - Analysis of FAF on Canadian Industrial Sectors -- 10.4.1 - Analysis of FAF Accuracy: Canadian Industrial Sectors Evidence -- 10.4.1.1 - Before the GFC: 2005-07 -- 10.4.1.2 - During the GFC: 2008-10 -- 10.4.1.3 - After the GFC: 2011-14 -- 10.4.2 - Analysis of FAF Bias: Canadian Industry Sectors Effects -- 10.4.3 - Analysis of the Evolution of FAFE by Types of Earnings -- 10.4.3.1 - Earnings profits versus earnings losses: Canadian evidence -- 10.4.3.2 - Earnings increases versus earnings decreases: Canadian evidence -- 10.5 - Conclusions -- References -- Chapter 11 - Bank Failures and Management Inefficiency During the Global Financial Crisis -- 11.1 - Introduction -- 11.2 - Background -- 11.3 - Data -- 11.4 - Methodology -- 11.4.1 - Cost Efficiency Measures -- 11.4.2 - Input and Output Efficiency Measurements -- 11.5 - Results and Discussions -- 11.5.1 - Cost Efficiency -- 11.5.2 - Outputs Efficiency -- 11.5.3 - Inputs Efficiency -- 11.6 - Conclusions -- References -- Further Reading -- Chapter 12 - Financial Crisis and Herd Behavior: Evidence from the Borsa Istanbul -- 12.1 - Introduction -- 12.2 - Literature Review -- 12.3 - Data and Methodology -- 12.3.1 - Determining the Crisis Periods Using CMAX Methodology -- 12.3.2 - Model of Cross-Sectional Volatility of Beta Coefficients -- 12.3.3 - LSV Measure -- 12.4 - Empirical Findings -- 12.4.1 - Herd Behavior Conditioned on Size -- 12.4.2 - Herd Behavior Conditioned on Stock Return -- 12.5 - Conclusions -- References -- Chapter 13 - Doctor Jekyll and Mr. Hyde: Stress Testing of Investor Behavior.13.1 - Loss Aversion During Economic Crises: The Results of a Questionnaire -- 13.1.1 - Financial Markets and Choices Under Conditions of Uncertainty -- 13.1.2 - The Results of a Questionnaire -- 13.2 - Investor Behavior and Market Oscillations -- 13.2.1 - Some Simple Thoughts on the Practical Implications of Prospect Theory -- 13.2.2 - Financial Markets Over the Last 20 Years: An Ideal Context for Investor Errors -- 13.2.3 - The Behavior of Italian Investors: Stock Market Purchases and Sales During Times of Stress -- 13.3 - Investor Assessments and Coherence with Actual Behaviors -- 13.3.1 - Perhaps Investors Know What is to be Done -- 13.3.2 - …But They are Not Able to Do It -- 13.4 - Conclusions -- References -- Further Reading -- Chapter 14 - Market Sentiment and Contagion in Euro-Area Bond Markets -- 14.1 - Introduction -- 14.2 - Literature Review -- 14.3 - Data and the Setup of the Empirical Analysis -- 14.3.1 - Data -- 14.3.2 - Setup of the Empirical Analysis -- 14.4 - Empirical Evidence -- 14.5 - Conclusions -- References -- Chapter 15 - Regime Switching on the Relationship Between Stock Returns and Currency Values: Evidence From the 1997 Asian Crisis -- 15.1 - Introduction -- 15.2 - Literature Review -- 15.3 - Data and Methodology -- 15.4 - Empirical Results on Mean Equations with Regime Switching -- 15.5 - Conclusions -- References -- Chapter 16 - Illiquidity, Monetary Conditions, and the Financial Crisis in the United Kingdom -- 16.1 - Introduction -- 16.2 - Literature Review -- 16.2.1 - Unconditional Returns for Illiquid and Liquid Stocks -- 16.2.2 - Market Liquidity (Aggregate Illiquidity Innovation, εt) and Monetary Conditions -- 16.2.3 - Illiquidity Premium Across Monetary Conditions -- 16.2.4 - Flight to Liquidity -- 16.2.5 - Sensitivity of Illiquid Quintile and Liquid Quintile -- 16.3 - Data and Variables -- 16.3.1 - Data.16.3.2 - Liquidity Measures.The Handbook of Investors' Behavior during Financial Crises provides fundamental information about investor behavior during turbulent periods, such the 2000 dot com crash and the 2008 global financial crisis.InvestmentsPsychological aspectsHandbooks, manuals, etcInvestment analysisPsychological aspectsHandbooks, manuals, etcFinancial crisesBörsegndKapitalanlegergndInvestorgndAnlageverhaltengndFinanzkrisegndInvestmentsPsychological aspectsInvestment analysisPsychological aspectsFinancial crises.Börse.Kapitalanleger.Investor.Anlageverhalten.Finanzkrise.332.6332.6Economou Fotini1739118Gavriilidis Konstantinos1739119Gregoriou Greg N1739120Kallinterakis Vasileios1739121MiAaPQMiAaPQMiAaPQBOOK9910583085403321Handbook of Investors' Behavior During Financial Crises4163018UNINA