Bookbot

Behavioural Financial Regulation and Policy (BEFAIRLY) series: The Behavioural Finance Revolution

A New Approach to Financial Policies and Regulations

Maggiori informazioni sul libro

Financial markets are intricate systems where regulators aim to foresee potential malfunctions and establish preventive rules. However, the influence of behavioral factors is frequently neglected. This work delves into the synergy between behavioral finance and traditional methodologies, aiding banks and regulators in formulating improved policies. It highlights how the behavioral finance movement fosters a more holistic approach to understanding economic phenomena. The text promotes a forward-thinking agenda that incorporates behavioral science into current practices, emphasizing the importance of fairness in financial markets for enhancing societal well-being. It investigates how concepts like bounded rationality, heuristic decision-making, loss aversion, endowment effects, and social preferences can shape financial choices, revealing the limitations of conventional forecasting methods that oversimplify individual behavior. Featuring insights from both scholars and industry professionals, this book is essential for researchers in finance and behavioral economics. Regulators interested in implementing behavioral policymaking will also find it invaluable.

Acquisto del libro

Behavioural Financial Regulation and Policy (BEFAIRLY) series: The Behavioural Finance Revolution, Riccardo Viale, Shabnam Mousavi, Barbara Alemanni, Umberto Filotto

Lingua
Pubblicato
2018
product-detail.submit-box.info.binding
(Copertina rigida)
Ti avviseremo via email non appena lo rintracceremo.

Metodi di pagamento

Titolo
Behavioural Financial Regulation and Policy (BEFAIRLY) series: The Behavioural Finance Revolution
Sottotitolo
A New Approach to Financial Policies and Regulations
Lingua
Inglese
Pubblicato
2018
Formato
Copertina rigida
Pagine
272
ISBN10
1788973054
ISBN13
9781788973052
Serie
Descrizione
Financial markets are intricate systems where regulators aim to foresee potential malfunctions and establish preventive rules. However, the influence of behavioral factors is frequently neglected. This work delves into the synergy between behavioral finance and traditional methodologies, aiding banks and regulators in formulating improved policies. It highlights how the behavioral finance movement fosters a more holistic approach to understanding economic phenomena. The text promotes a forward-thinking agenda that incorporates behavioral science into current practices, emphasizing the importance of fairness in financial markets for enhancing societal well-being. It investigates how concepts like bounded rationality, heuristic decision-making, loss aversion, endowment effects, and social preferences can shape financial choices, revealing the limitations of conventional forecasting methods that oversimplify individual behavior. Featuring insights from both scholars and industry professionals, this book is essential for researchers in finance and behavioral economics. Regulators interested in implementing behavioral policymaking will also find it invaluable.