Behavioural Finance

pauldrei · February 17th, 2005, 10:05 am

Dear AllI would like to get a recomendation for an introductary text in Behaviuoral Finance. I alredy have Shleifer's "Inefficient markets".RegardsPauldrei

gjlipman · February 17th, 2005, 3:43 pm

Barberis and Thaler wrote quite a good survey chapter on behavioural finance - it is downloadable at http://papers.ssrn.com/sol3/papers.cfm? ... _id=327880, and has lots of references.

ferensen · February 17th, 2005, 5:43 pm

Has anyone read either Games and Decisions or Utility of Gains and Losses: Measurement - Theoretical and Experimental Approaches by R. Duncan Luce? If so which would you recommend? My hunch is that Games and Decisions is not quite as technical as what I'm looking for, and I am unable to find any information about Utility of Gains and Losses. Thanks,Bill

LuizPaulo · February 17th, 2005, 6:11 pm

James Montier's book should be quite good as an introduction, judging from his research papers

WilmottBookshop · February 18th, 2005, 8:07 am

- Behavioural Finance Insights into Irrational Minds and Markets by James Montier is available through the Wilmott Bookshop.- Advances in Behavioural Finance by Richard H. Thaler is currently out of stock at the publisher, but we will update the site as soon as it becomes available again.Laura