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245			_aAdvances in behavioral finance: vol II
260			_bRussell Sage Foundation _aNew Jersey _c2005
300			_axxi, 712 p.
365			_aUSD _b85.00
520			_aThis 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 some of the agents in the economy behave less than fully rationally some of the time.” Much has changed since then. Not least, the bursting of the Internet bubble and the subsequent market decline further demonstrated that financial markets often fail to behave as they would if trading were truly dominated by the fully rational investors who populate financial theories. Behavioral finance has made an indelible mark on areas from asset pricing to individual investor behavior to corporate finance, and continues to see exciting empirical and theoretical advances. Advances in Behavioral Finance, Volume II constitutes the essential new resource in the field. It presents twenty recent papers by leading specialists that illustrate the abiding power of behavioral finance — of how specific departures from fully rational decision making by individual market agents can provide explanations of otherwise puzzling market phenomena. As with the first volume, it reaches beyond the world of finance to suggest, powerfully, the importance of pursuing behavioral approaches to other areas of economic life.
650			_aInvestments--Psychological aspects _95284
700			_aThaler, Richard H. _91738
942			_2ddc _cBK