Advances in Behavioral Finance, Volume II / / ed. by Richard H. Thaler.

• Superior document: Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Backlist 2000-2013
• MitwirkendeR: Barber, Brad M.,; Barberis, Nicholas,; Benartzi, Shlomo,; Campbell, John Y.,; Dabora, Emil M.,; Daniel, Kent,; Degeorge, François,; Froot, Kenneth A.,; Heaton, J. B.,; Hirshleifer, David,; Hong, Harrison,; Huang, Ming,; Jegadeesh, Narasimhan,; Lakonishok, Josef,; Lamont, Owen A.,; Michaely, Roni,; Odean, Terrance,; Patel, Jayendu,; Santos, Tano,; Shiller, Robert J.,; Shleifer, Andrei,; Stein, Jeremy C.,; Subrahmanyam, Avanidhar,; Thaler, Richard H.,; Thaler, Richard,; Titman, Sheridan,; Vishny, Robert W.,; Womack, Kent L.,; Zeckhauser, Richard,
• HerausgeberIn: Thaler, Richard H.,
• Place / Publishing House: Princeton, NJ : : Princeton University Press, , [2005]; ©2005
• Year of Publication: 2005
• Edition: Course Book
• Language: English
• Series: The Roundtable Series in Behavioral Economics ; 2
• Physical Description: 1 online resource (744 p.) :; 72 line illus. 79 tables.

This book offers a definitive and wide-ranging overview of developments in behavioral finance over the past ten years. In 1993, the first volume provided the standard reference to this new approach in finance--an approach that, as editor Richard Thaler put it, "entertains the possibility that s...

Table of Contents

• Frontmatter
• Contents
• Preface
• Acknowledgments
• List of Abbreviations
• Chapter1. A Survey of Behavioral Finance
• Part I. Limits to Arbitrage
• Chapter 2. The Limits of Arbitrage
• Chapter 3. How Are Stock Prices Affected by the Location of Trade?
• Chapter 4. Can the Market Add and Subtract? Mispricing in Tech Stock Carve-outs
• Part II. Stock Returns and the Equity Premium
• Chapter 5. Valuation Ratios and the Long-run Stock Market Outlook: An Update
• Chapter 6. Myopic Loss Aversion and the Equity Premium Puzzle
• Chapter 7. Prospect Theory and Asset Prices
• Part III. Empirical Studies of Overreaction and Underreaction
• Chapter 8. Contrarian Investment, Extrapolation, and Risk
• Chapter 9. Evidence on the Characteristics of Cross-sectional Variation in Stock Returns
• Chapter 10. Momentum
• Chapter 11. Market Efficiency and Biases in Brokerage Recommendations
• Part IV. Theories of Overreaction and Underreaction
• Chapter 12. A Model of Investor Sentiment
• Chapter 13. Investor Psychology and Security Market Under- and Overreaction
• Chapter 14. A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets
• Part V. Investor Behavior
• Chapter 15. Individual Investors
• Chapter 16. Naive Diversification Strategies in Defined Contribution Savings Plans
• Part VI. Corporate Finance
• Chapter 17. Rational Capital Budgeting in an Irrational World
• Chapter 18. Earnings Management to Exceed Thresholds
• Chapter 19. Managerial Optimism and Corporate Finance
• List of Contributors