LEADER 03105nam 22005295 450 001 9910255053303321 005 20230810192730.0 010 $a9783319693897 010 $a3319693891 024 7 $a10.1007/978-3-319-69389-7 035 $a(CKB)4100000000881714 035 $a(AuCNLKIN)000061057061 035 $a(OCoLC)1008761180 035 $a(DE-He213)978-3-319-69389-7 035 $a(MiAaPQ)EBC5115231 035 $a(PPN)249785773 035 $a(Perlego)3497461 035 $a(EXLCZ)994100000000881714 100 $a20171026d2017 u| 0 101 0 $aeng 135 $aurcn#nnn||||| 181 $ctext$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe Financial Consequences of Behavioural Biases $eAn Analysis of Bias in Corporate Finance and Financial Planning /$fby Imad A. Moosa, Vikash Ramiah 205 $a1st ed. 2017. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2017. 215 $a1 online resource (xv, 174 pages) $cillustrations 225 1 $aPalgrave pivot 311 08$aPrinted edition: 9783319693880 320 $aIncludes bibliographical references and index. 327 $a1. The rise and fall of neoclassical finance -- 2. The rise and fall of behavioural finance -- 3. Overconfidence and self-serving bias -- 4. Loss aversion bias, the disposition effect and representativeness bias -- 5. Other biases in the behavioral finance literature -- 6. Recent developments -- 7. Epilogue. 330 $aThis book provides a concise analysis of behavioural biases and their implications for financial decision making. The book is written in the normative tradition, arguing strongly for the superiority of behavioural finance with respect to explaining observed phenomena in financial markets. It offers some unique features, including a discussion of the issue of conspiracy theory and how behavioural biases lead to belief in conspiracy theories. Lingering belief in the principles of neoclassical finance is attributed in part to the doctrine of publish or perish, which dominates contemporary academia. The offshoots of behavioural finance are discussed in detail, including ecological finance, environmental finance, social finance, experimental finance, neurofinance, and emotional finance. A comprehensive discussion of narcissism is presented where it is demonstrated that narcissistic behaviour is prevalent in the finance industry and that it led to the eruption of the global financial crisis. 410 0$aPalgrave pivot. 606 $aEconomics$xPsychological aspects 606 $aBehavioral Finance 615 0$aEconomics$xPsychological aspects. 615 14$aBehavioral Finance. 676 $a332.6019 700 $aMoosa$b Imad A$4aut$4http://id.loc.gov/vocabulary/relators/aut$0148887 702 $aRamiah$b Vikash$4aut$4http://id.loc.gov/vocabulary/relators/aut 801 0$bAuAdUSA 801 1$bAuAdUSA 906 $aBOOK 912 $a9910255053303321 996 $aThe Financial Consequences of Behavioural Biases$92156536 997 $aUNINA