Market Insanity

Erscheinungsjahr 2018
ISBN: 978-0-12-813115-2
Verlag: Elsevier Science & Technology

Buch, Englisch, 138 Seiten, Format (B × H): 153 mm x 228 mm, Gewicht: 204 g

Market Insanity: A Brief Guide to Diagnosing the Madness in the Stock Market is an engaging and accessible primer which applies modern behavioral finance to equity markets. It helps readers understand how logical investment decisions can be betrayed by what Taillard calls "the insanity," all those behavioral quirks which cause us to achieve less than optimal utility. The book describes how limited information, habit, the rules of the game, asymmetric information and ego blend together in potentially toxic ways in market environments, thus creating bubbles, stock runs, and more prosaically, even 'normal' equity prices.

In addition, the book discusses the implications of these behaviors in-depth. In so doing, it helps the reader to not only predict the madness within equity markets, but also helps them develop solutions that address and mitigate outcomes.

Zielgruppe

<p>Upper division undergraduate and graduate finance, accounting or economic students studying tractable behavioral finance problems, and particularly those seeking preparatory reading for upcoming behavioral finance course. Practitioners, including investment managers, financial controllers and treasurers are likely to be interested.</p>

Autoren/Hrsg.

Taillard, Michael

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Verhaltensökonomik
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere

Inhaltsverzeichnis

1. Introduction2. The Rational Fallacy3. Bizarre Biases4. Bad Behavior5. Problematic Perception6. Feeling Foolish7. Mindful Measures8. Conclusion

Über Autor(innen)

Taillard, Michael
Michael Taillard, PhD, MBA, is an economic researcher, author, consultant, and professor whose work emphasizes applied strategy and behavioral research. He has worked with private companies, federal and local government and political organizations, nonprofits, and a variety of media outlets. He currently holds adjunct status in the graduate schools at Central Michigan University as well as Bellevue University. He is the author of Market Insanity: A Brief Guide to Diagnosing the Madness in the Stock Market (Elsevier, 2018) as well as numerous other books including Economics & Modern Warfare, Psychology & Modern Warfare, and 101 Things Everyone Needs to Know about the Global Economy.