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Behavioral finance and wealth management : how to build optimal portfolios that account for investor biases /

Pompian, Michael M., 1963-

Behavioral finance and wealth management : how to build optimal portfolios that account for investor biases / Michael M. Pompian. - Hoboken, N.J. : Wiley, c2006. - xvii, 317 p. : ill. ; 24 cm. - [Wiley finance] . - Wiley finance series. .

Series from jacket.

Includes bibliographical references (p. 303-310) and index.

What is behavioral finance? -- The history of behavioral finance micro -- Incorporating investor behavior into the asset allocation process -- Overconfidence bias -- Representativeness bias -- Anchoring and adjustment bias -- Cognitive dissonance bias -- Availability bias -- Self-attribution bias -- Illusion of control bias -- Conservatism bias -- Ambiguity aversion bias -- Endowment bias -- Self-control bias -- Optimism bias -- Mental accounting bias -- Confirmation bias -- Hindsight bias -- Loss aversion bias -- Recency bias -- Regret aversion bias -- Framing bias -- Status quo bias -- Case studies -- Gender, personality type, and investor behavior -- Investor personality types -- Neuroeconomics.

0471745170 (cloth) 9780471745174

2005027756


Investments--Decision making.
Investments--Psychological aspects.

HG4515.15 / .P66 2006

332.6019