Skip to main content

Handbook Of Investors Behavior During Financial Crises

Download Handbook Of Investors Behavior During Financial Crises Full eBooks in PDF, EPUB, and kindle. Handbook Of Investors Behavior During Financial Crises is one my favorite book and give us some inspiration, very enjoy to read. you could read this book anywhere anytime directly from your device.

Handbook of Investors Behavior during Financial Crises

Handbook of Investors  Behavior during Financial Crises Book
Author : Fotini Economou,Konstantinos Gavriilidis,Greg N. Gregoriou,Vasileios Kallinterakis
Publisher : Academic Press
Release : 2017-06-24
ISBN : 0128112530
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

The Handbook of Investors' Behavior during Financial Crises provides fundamental information about investor behavior during turbulent periods, such the 2000 dot com crash and the 2008 global financial crisis. Contributors share the same behavioral finance tools and techniques while analyzing behaviors across a variety of market structures and asset classes. The volume provides novel insights about the influence and effects of regional differences in market design. Its distinctive approach to studies of financial crises is of key importance in our contemporary financial landscape, even more so since the accelerated process of globalization has rendered the outbreak of financial crises internationally more commonplace compared to previous decades. Encompasses empirical, quantitative and regulation-motivated studies Includes information about retail and institutional investor behavior Analyzes optimal financial structures for the development and growth of specific regional economies

Handbook of Research on Behavioral Finance and Investment Strategies Decision Making in the Financial Industry

Handbook of Research on Behavioral Finance and Investment Strategies  Decision Making in the Financial Industry Book
Author : Copur, Zeynep
Publisher : IGI Global
Release : 2015-01-31
ISBN : 1466674857
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

In an ever-changing economy, market specialists strive to find new ways to evaluate the risks and potential reward of economic ventures by assessing the importance of human reaction during the economic planning process. The Handbook of Research on Behavioral Finance and Investment Strategies: Decision Making in the Financial Industry presents an interdisciplinary, comparative, and competitive analysis of the thought processes and planning necessary for individual and corporate economic management. This publication is an essential reference source for professionals, practitioners, and managers working in the field of finance, as well as researchers and academicians interested in an interdisciplinary approach to combine financial management, sociology, and psychology.

Research Handbook of Finance and Sustainability

Research Handbook of Finance and Sustainability Book
Author : Sabri Boubaker,Douglas Cumming,Duc Khuong Nguyen
Publisher : Edward Elgar Publishing
Release : 2018
ISBN : 1786432633
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

The severe consequences of the global financial crisis 2008-2009 and numerous accounting frauds and financial scandals over the last fifteen years have let to calls for more ethical and responsible actions in all economic activities including consumption, investing, governance and regulation. Despite the fact that ethics in business and corporate social responsibility rules have been adopted in various countries, more efforts have to be devoted to motivate and empower more actors to integrate ethical behavior and rules in making business and managerial decisions. The Research Handbook of Finance and Sustainability will provide the readers but particularly investors, managers, and policymakers with comprehensive coverage of the issues at the crossroads of finance, ethics and sustainable development as well as proposed solutions, while focusing on three different levels: corporations, investment funds, and financial markets.

The Oxford Handbook of the Sociology of Finance

The Oxford Handbook of the Sociology of Finance Book
Author : Karin Knorr Cetina,Alex Preda
Publisher : OUP Oxford
Release : 2012-11-29
ISBN : 0191641359
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

Recent years have seen a surge of interest in the workings of financial institutions and financial markets beyond the discipline of economics, which has been accelerated by the financial crisis of the early twenty-first century. The Oxford Handbook of the Sociology of Finance brings together twenty-nine chapters, written by scholars of international repute from Europe, North America, and Asia, to provide comprehensive coverage on a variety of topics related to the role of finance in a globalized world, and its historical development. Topics include global institutions of modern finance, types of actors involved in financial transactions and supporting technologies, mortgage markets, rating agencies, and the role of financial economics. Particular attention is given to financial crises, which are discussed in a special section, as well as to alternative forms of finance, including Islamic finance and the rise of China. The Handbook will be an indispensable tool for academics, researchers, and students of contemporary finance and economic sociology, and will serve as a reference point for the expanding international community of scholars researching these areas from a broadly-defined sociological perspective.

Behavioral Finance The Second Generation

Behavioral Finance  The Second Generation Book
Author : Meir Statman
Publisher : CFA Institute Research Foundation
Release : 2019-12-02
ISBN : 1944960864
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

Behavioral finance presented in this book is the second-generation of behavioral finance. The first generation, starting in the early 1980s, largely accepted standard finance’s notion of people’s wants as “rational” wants—restricted to the utilitarian benefits of high returns and low risk. That first generation commonly described people as “irrational”—succumbing to cognitive and emotional errors and misled on their way to their rational wants. The second generation describes people as normal. It begins by acknowledging the full range of people’s normal wants and their benefits—utilitarian, expressive, and emotional—distinguishes normal wants from errors, and offers guidance on using shortcuts and avoiding errors on the way to satisfying normal wants. People’s normal wants include financial security, nurturing children and families, gaining high social status, and staying true to values. People’s normal wants, even more than their cognitive and emotional shortcuts and errors, underlie answers to important questions of finance, including saving and spending, portfolio construction, asset pricing, and market efficiency.

The Future of Finance

The Future of Finance Book
Author : Moorad Choudhry,Gino Landuyt
Publisher : John Wiley & Sons
Release : 2010-11-02
ISBN : 0470572299
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

New banking and investment business models to navigate the post-financial crisis environment The financial crisis of 2007-2008 has discredited business models in the banking and fund management industries. In The Future of Finance, Moorad Choudhry and Gino Landuyt argue that banks must realign their business models, implying a lower return-on-equity; diversifying their funding sources; and increasing liquidity reserves. On the investment side, the authors discuss how diversification did not reduce risk, but rather amplified it, and failed to stabilize returns. The authors conclude that the clear lesson from the crisis is to know one's risk. A lesson that is best served by concentrating on assets and sectors that you understand. Examines the weaknesses in the business models of many institutions, as well as the theoretical foundation for professionals in the field of finance Identifies the shortcomings of Modern Portfolio Theory Addresses how investment managers can find new strategies for creating "alpha" and why they need to re-vamp their fee structures Filled with in-depth insights and practical advice, The Future of Finance will provide bankers and investment managers with a guide to realigning their businesses in order to prosper in the post-crisis financial markets.

The Banking Crisis Handbook

The Banking Crisis Handbook Book
Author : Greg N Gregoriou
Publisher : CRC Press
Release : 2009-12-01
ISBN : 1439818541
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

Explores the Origin of the Recent Banking Crisis and how to Preclude Future Crises Shedding new light on the recent worldwide banking debacle, The Banking Crisis Handbook presents possible remedies as to what should have been done prior, during, and after the crisis. With contributions from well-known academics and professionals, the book contains exclusive, new research that will undoubtedly assist bank executives, risk management departments, and other financial professionals to attain a clear picture of the banking crisis and prevent future banking collapses. The first part of the book explains how the crisis originated. It discusses the role of subprime mortgages, shadow banks, ineffective risk management, poor financial regulations, and hedge funds in causing the collapse of financial systems. The second section examines how the crisis affected the global market as well as individual countries and regions, such as Asia and Greece. In the final part, the book explores short- and long-term solutions, including government intervention, financial regulations, efficient bank default risk approaches, and methods to evaluate credit risk. It also looks at when government intervention in financial markets can be ethically justified.

Handbook of Behavioral Finance

Handbook of Behavioral Finance Book
Author : Brian Bruce
Publisher : Edward Elgar Pub
Release : 2012-07-01
ISBN : 9780857930910
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

'The Handbook of Behavioral Finance is a comprehensive source of cutting-edge research on recent developments in behavioral finance.' – Long Range Planning 'As suits the jointly academic and practitioner audience, the technical level is low without being facile. (The Handbook would be a suitable reference for a senior undergraduate or master's level class in behavioral finance). Most chapters present simple econometric modelling of experimental, survey or revealed preference data. . . chapters are concise, coherent and clearly written.' – Susan Thorp, Journal of Pension Economics and Finance 'This book does an excellent job of presenting empirical evidence as to the role of selected psychological attributes on key investment behaviors and it should be valuable to investment professionals as a handbook. Professor Bruce has selected readings that clearly show that investors are more than logic machines. They have evolved brains which makes them susceptible to context and culture. The book wisely avoids making generalizations about a new behavioral financial paradigm which at this time is only in the early stages of development.' – Robert A. Olsen, California State University, Chico, US 'The breadth and depth of Professor Bruce's knowledge of behavioral finance and its implications for, and applicability to, all facets of investment decisions makes him as qualified as anyone I know to produce this Handbook. Those who absorb the insights and knowledge that this Handbook offers will prosper. But without it, they will dull their competitive edge both as investors and as educators. I am actually jealous I did not produce this Handbook myself!' – Arnold S. Wood, Martingale Asset Management, US The Handbook of Behavioral Finance is a comprehensive, topical and concise source of cutting-edge research on recent developments in behavioral finance. The Handbook is divided into three areas of interest. The first – Behavioral Biases – includes discussions on herding in the market, information processing and the disposition effect in investment decisions. In the second section – Behavior in the Investment Process – topics explored include the effects of higher transaction costs on traders' behavior, investor sentiment, overconfidence and active management, and behavior effects on forecasts. The final section – Global Behavior – looks at the effects of various aspects of behavioral finance in international markets including Malaysia, Finland, Australia and Brazil. Consolidating a colossal amount of research into one volume, this Handbook will stimulate new interdisciplinary research for academics, build a body of knowledge about psychological influences on market behavior for finance students, and give practitioners a better understanding of psychological influences on the markets in order to improve investment decision making.

Regulating Competition in Stock Markets

Regulating Competition in Stock Markets Book
Author : Lawrence R. Klein,Viktoria Dalko,Michael H. Wang
Publisher : John Wiley & Sons
Release : 2012-04-25
ISBN : 1118236866
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

A guide to curbing monopoly power in stock markets Engaging and informative, Regulating Competition in Stock Markets skillfully analyzes the impact of the recent global financial crisis on health and happiness, and uses this opportunity to put regulatory systems in perspective. Happiness is lost because of emotional and physical health deterioration resulting from the crisis. Therefore, the authors conclude that financial crisis prevention should be the focus of public policy. This book is the most comprehensive study so far on potential risks to the stock market, especially various forms of market manipulation that lead to mania and eventual crisis. Based on litigation cases from international stock markets, and borrowing multidisciplinary findings in the fields of finance, economics, accounting, media studies, criminology, legal studies, psychology, and medicine, this book is the first to provide thorough micro-level regulatory proposals rooted in financial reality. By focusing on securities trading, they apply antitrust measures to limiting monopolistic power that is used for the manipulation of investors' perception and monopolistic profit. These proposals are quantifiable, adjustable, inexpensive, and can be easily implemented by any securities regulating agency for real-time oversight and daily operations. The recommendations found here are intended to improve the fairness and transparency of the financial markets, thereby perfecting the market competition, protecting investors, stabilizing the market, and preventing crises Explores how avoiding crises can to contribute to a more scientific, health aware, and civilized economic and social development Written by a team of authors who have extensive experience in this dynamic field, including Nobel Laureate Lawrence R. Klein Since the founding of the first, organized stock exchange in Amsterdam 400 years ago, no systematic economic research results on stock markets have been implemented in stock market regulation around the world. Regulating Competition in Stock Markets aims to fill this void.

Handbook of Frontier Markets

Handbook of Frontier Markets Book
Author : Panagiotis Andrikopoulos,Greg N. Gregoriou,Vasileios Kallinterakis
Publisher : Academic Press
Release : 2016-08-05
ISBN : 0128038403
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

Handbook of Frontier Markets: The European and African Evidence provides novel insights from academic perspectives about the behavior of investors and prices in several frontier markets. It explores finance issues usually reserved for developed and emerging markets in order to gauge whether these issues are relevant and how they manifest themselves in frontier markets. Frontier markets have now become a popular investment class among institutional investors internationally, with major financial services providers establishing index-benchmarks for this market-category. The anticipation for frontier markets is optimistic uncertainty, and many people believe that, given their growth rates, these markets will be economic success stories. Irrespective of their degrees of success, The Handbook of Frontier Markets can help ensure that the increasing international investment diverted to them will aid in their greater integration within the global financial system. Presents topics in the context of frontier markets and uses tests based on established methodologies from finance research Draws from authors who are established university academics Pays particular attention to financial institutions and applications of financial risk models Explores finance issues usually reserved for developed and emerging markets in order to gauge whether these issues are relevant and how they manifest themselves in frontier markets

The Financial Crisis Inquiry Report

The Financial Crisis Inquiry Report Book
Author : Financial Crisis Inquiry Commission
Publisher : Cosimo, Inc.
Release : 2011-05-01
ISBN : 1616405414
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

Handbook on Systemic Risk

Handbook on Systemic Risk Book
Author : Jean-Pierre Fouque,Joseph A. Langsam
Publisher : Cambridge University Press
Release : 2013-05-23
ISBN : 1107023432
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

Experts in the field provide an introduction to the multifaceted aspects of this critically important topic.

Routledge Handbook of Financial Technology and Law

Routledge Handbook of Financial Technology and Law Book
Author : Iris H-Y Chiu,Gudula Deipenbrock
Publisher : Routledge
Release : 2021-04-30
ISBN : 1000364666
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

Financial technology is rapidly changing and shaping financial services and markets. These changes are considered making the future of finance a digital one.This Handbook analyses developments in the financial services, products and markets that are being reshaped by technologically driven changes with a view to their policy, regulatory, supervisory and other legal implications. The Handbook aims to illustrate the crucial role the law has to play in tackling the revolutionary developments in the financial sector by offering a framework of legally enforceable principles and values in which such innovations might take place without threatening the acquis of financial markets law and more generally the rule of law and basic human rights. With contributions from international leading experts, topics will include: Policy, High-level Principles, Trends and Perspectives Fintech and Lending Fintech and Payment Services Fintech, Investment and Insurance Services Fintech, Financial Inclusion and Sustainable Finance Cryptocurrencies and Cryptoassets Markets and Trading Regtech and Suptech This Handbook will be of great relevance for practitioners and students alike, and a first reference point for academics researching in the fields of banking and financial markets law.

Investor Behavior

Investor Behavior Book
Author : H. Kent Baker,Victor Ricciardi
Publisher : John Wiley & Sons
Release : 2014-02-10
ISBN : 1118492986
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

WINNER, Business: Personal Finance/Investing, 2015 USA Best Book Awards FINALIST, Business: Reference, 2015 USA Best Book Awards Investor Behavior provides readers with a comprehensive understanding and the latest research in the area of behavioral finance and investor decision making. Blending contributions from noted academics and experienced practitioners, this 30-chapter book will provide investment professionals with insights on how to understand and manage client behavior; a framework for interpreting financial market activity; and an in-depth understanding of this important new field of investment research. The book should also be of interest to academics, investors, and students. The book will cover the major principles of investor psychology, including heuristics, bounded rationality, regret theory, mental accounting, framing, prospect theory, and loss aversion. Specific sections of the book will delve into the role of personality traits, financial therapy, retirement planning, financial coaching, and emotions in investment decisions. Other topics covered include risk perception and tolerance, asset allocation decisions under inertia and inattention bias; evidenced based financial planning, motivation and satisfaction, behavioral investment management, and neurofinance. Contributions will delve into the behavioral underpinnings of various trading and investment topics including trader psychology, stock momentum, earnings surprises, and anomalies. The final chapters of the book examine new research on socially responsible investing, mutual funds, and real estate investing from a behavioral perspective. Empirical evidence and current literature about each type of investment issue are featured. Cited research studies are presented in a straightforward manner focusing on the comprehension of study findings, rather than on the details of mathematical frameworks.

Financial Crises Explanations Types and Implications

Financial Crises Explanations  Types  and Implications Book
Author : Stijn Claessens,Mr. M. Ayhan Kose
Publisher : International Monetary Fund
Release : 2013-01-30
ISBN : 147557908X
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper briefly reviews theoretical and empirical studies on developments in these markets around financial crises. Second, what are the major types of financial crises? The paper focuses on the main theoretical and empirical explanations of four types of financial crises—currency crises, sudden stops, debt crises, and banking crises—and presents a survey of the literature that attempts to identify these episodes. Third, what are the real and financial sector implications of crises? The paper briefly reviews the short- and medium-run implications of crises for the real economy and financial sector. It concludes with a summary of the main lessons from the literature and future research directions.

Applied Asset and Risk Management

Applied Asset and Risk Management Book
Author : Marcus Schulmerich,Yves-Michel Leporcher,Ching-Hwa Eu
Publisher : Springer
Release : 2014-10-20
ISBN : 364255444X
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

This book is a guide to asset and risk management from a practical point of view. It is centered around two questions triggered by the global events on the stock markets since the middle of the last decade: - Why do crashes happen when in theory they should not? - How do investors deal with such crises in terms of their risk measurement and management and as a consequence, what are the implications for the chosen investment strategies? The book presents and discusses two different approaches to finance and investing, i.e., modern portfolio theory and behavioral finance, and provides an overview of stock market anomalies and historical crashes. It is intended to serve as a comprehensive introduction to asset and risk management for bachelor’s and master’s students in this field as well as for young professionals in the asset management industry. A key part of this book is the exercises to further demonstrate the concepts presented with examples and a step-by-step business case. An Excel file with the calculations and solutions for all 17 examples as well as all business case calculations can be downloaded at extras.springer.com.

Financial Risk Management and Modeling

Financial Risk Management and Modeling Book
Author : Constantin Zopounidis,Ramzi Benkraiem,Iordanis Kalaitzoglou
Publisher : Springer Nature
Release : 2021-09-13
ISBN : 3030666913
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

Risk is the main source of uncertainty for investors, debtholders, corporate managers and other stakeholders. For all these actors, it is vital to focus on identifying and managing risk before making decisions. The success of their businesses depends on the relevance of their decisions and consequently, on their ability to manage and deal with the different types of risk. Accordingly, the main objective of this book is to promote scientific research in the different areas of risk management, aiming at being transversal and dealing with different aspects of risk management related to corporate finance as well as market finance. Thus, this book should provide useful insights for academics as well as professionals to better understand and assess the different types of risk.

The Financial Crisis Causes Cures

The Financial Crisis   Causes   Cures Book
Author : Sony Kapoor
Publisher : Unknown
Release : 2010
ISBN : 9783868724585
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

"The financial crisis has exposed several flaws in the institutional structures, incentive systems, regulations and supervisory structures of financial markets. The European Trade Union Institute, the Friedrich Ebert Stiftung and Bertelsmann Stiftung have teamed up with Re-Define to publish this well-timed book which cuts through the technical jargon of financial reform underway in the EU and US, using easily understood metaphors and explains the working of the financial system, the causes of the crisis and the concepts and justifications for financial reform." -- Publisher.

Mind Money Markets

Mind  Money   Markets Book
Author : Dave Harder,Janice Dorn
Publisher : FriesenPress
Release : 2014-10
ISBN : 1460229509
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

After losing much of his money when the South Sea Bubble burst in 1720, English physicist and mathematician Isaac Newton stated, "I can calculate the motion of heavenly bodies, but not the madness of people." Even though Isaac Newton was a brilliant man, he did not realize that markets function in a way that is opposite to almost everything else we do. For example, if people are lining up around the block to purchase an iPad, it is a sign that it is a good product. If people are lining up around the block to buy a condominium, it is a bad sign for real estate. Markets do not always act in a rational or logical manner. Mind, Money & Markets explains why they act the way they do. It is critical for every person to understand this in order to make wise decisions ranging from buying a home to operating a business. Expert advice is much less reliable than we expect it to be because no one can accurately predict the future on a consistent basis. Gigantic losses like the $6.2 billion trading loss at JP Morgan in 2012 show that investors are not giving momentum (following the trend) the respect it deserves. Mind, Money & Markets offers a momentum filter-specifically, a screening tool from which every individual and professional investor should benefit. The book also provides a "circuit breaker" that enables investors to limit losses in case of an unexpected event in financial markets. Using powerful and poignant analogies from their life experiences, including Dave Harder's twelve years as a Search and Rescue volunteer, we provide readers with a simple discipline to preserve precious hard-earned capital during severe downturns and to outperform benchmarks when markets are in an uptrend. It is easier to know what to do than to actually do it. Psychiatrist Dr. Janice Dorn specializes in helping traders and investors deal with emotions and aspects of human nature that hinder them from making astute investment decisions for stocks, bonds, real estate, currencies, or commodities. We have passed on many words of wisdom collected from market sages and great thinkers. We also highlight some major misconceptions about investing, and show the reader how to overcome them and prosper. With a compelling mixture of fascinating stories and more than 100 colored charts and photographs, this is truly a unique work about how human beings react to markets. The book helps individual as well as professional investors to be efficient with their time and energy by teaching them to focus only on a few factors which have the most significant impact on financial markets. The personalized strategies provided in these pages will enable readers to maximize gains, minimize losses, and have more time to spend on things that matter the most in their lives.

Financial Behavior

Financial Behavior Book
Author : H. Kent Baker,Greg Filbeck,Victor Ricciardi
Publisher : Oxford University Press
Release : 2017-05-02
ISBN : 0190270004
Language : En, Es, Fr & De

DOWNLOAD

Book Description :

Financial Behavior: Players, Services, Products, and Markets provides a synthesis of the theoretical and empirical literature on the financial behavior of major stakeholders, financial services, investment products, and financial markets. The book offers a different way of looking at financial and emotional well-being and processing beliefs, emotions, and behaviors related to money. The book provides important insights about cognitive and emotional biases that influence various financial decision-makers, services, products, and markets. With diverse concepts and topics, the book brings together noted scholars and practitioners so readers can gain an in-depth understanding about this topic from experts from around the world. In today's financial setting, the discipline of behavioral finance is an ever-changing area that continues to evolve at a rapid pace. This book takes readers through the core topics and issues as well as the latest trends, cutting-edge research developments, and real-world situations. Additionally, discussion of research on various cognitive and emotional issues is covered throughout the book. Thus, this volume covers a breadth of content from theoretical to practical, while attempting to offer a useful balance of detailed and user-friendly coverage. Those interested in a broad survey will benefit as will those searching for more in-depth presentations of specific areas within this field of study. As the seventh book in the Financial Markets and Investment Series, Financial Behavior: Players, Services, Products, and Markets offers a fresh looks at the fascinating area of financial behavior.