Behavioral Finance: Unveiling the Influences on Financial Decisions
Elyon Varkis
This audiobook is narrated by a digital voice.
Delve into the fascinating world of behavioral finance with this insightful book that uncovers the intricate principles behind our financial decision-making. From the psychological factors that drive our investment choices to the behavioral biases that can lead to irrational financial decisions, this book offers a comprehensive exploration of the forces at play in the realm of finance. Through in-depth analysis and real-world examples, readers will gain a deeper understanding of why we make the financial choices we do and how we can navigate these influences to make more informed decisions. With a focus on the intersection of psychology and economics, this book breaks down complex theories and concepts into easily digestible insights that are both informative and engaging. By examining the cognitive processes and emotional triggers that impact our financial behavior, readers will gain a greater awareness of the behavioral patterns that can affect their financial well-being. Whether you are a seasoned investor or new to the world of finance, this book provides valuable knowledge and practical strategies for enhancing your decision-making skills and achieving your financial goals. From anchoring and herding to loss aversion and overconfidence, this book explores a wide range of behavioral biases that can shape our financial choices. By shedding light on these hidden influences, readers can arm themselves with the tools and knowledge needed to make more rational and effective decisions in the turbulent world of finance. With a blend of academic research and real-world applications, this book offers a unique perspective on the complexities of human behavior and their impact on financial decision-making. Whether you are a student of finance, a professional in the industry, or simply curious about the forces that drive our financial decisions, this book offers valuable insights and practical guidance for making more informed choices in an uncertain world.
Duration - 1h 35m.
Author - Elyon Varkis.
Narrator - Digital Voice Mia G.
Published Date - Monday, 20 January 2025.
Copyright - © 2025 FRANK ERNESTO IV ©.
Location:
United States
Description:
This audiobook is narrated by a digital voice. Delve into the fascinating world of behavioral finance with this insightful book that uncovers the intricate principles behind our financial decision-making. From the psychological factors that drive our investment choices to the behavioral biases that can lead to irrational financial decisions, this book offers a comprehensive exploration of the forces at play in the realm of finance. Through in-depth analysis and real-world examples, readers will gain a deeper understanding of why we make the financial choices we do and how we can navigate these influences to make more informed decisions. With a focus on the intersection of psychology and economics, this book breaks down complex theories and concepts into easily digestible insights that are both informative and engaging. By examining the cognitive processes and emotional triggers that impact our financial behavior, readers will gain a greater awareness of the behavioral patterns that can affect their financial well-being. Whether you are a seasoned investor or new to the world of finance, this book provides valuable knowledge and practical strategies for enhancing your decision-making skills and achieving your financial goals. From anchoring and herding to loss aversion and overconfidence, this book explores a wide range of behavioral biases that can shape our financial choices. By shedding light on these hidden influences, readers can arm themselves with the tools and knowledge needed to make more rational and effective decisions in the turbulent world of finance. With a blend of academic research and real-world applications, this book offers a unique perspective on the complexities of human behavior and their impact on financial decision-making. Whether you are a student of finance, a professional in the industry, or simply curious about the forces that drive our financial decisions, this book offers valuable insights and practical guidance for making more informed choices in an uncertain world. Duration - 1h 35m. Author - Elyon Varkis. Narrator - Digital Voice Mia G. Published Date - Monday, 20 January 2025. Copyright - © 2025 FRANK ERNESTO IV ©.
Language:
English
Chapter 1: Introduction 5
Duration:00:00:01
- Define behavioral finance and its importance in understanding financial decision-making 6
Duration:00:03:08
- Discuss the history and development of behavioral finance 9
Duration:00:03:48
Chapter 2: Foundations of Traditional Finance 12
Duration:00:00:03
- Explore the basic principles of traditional finance 13
Duration:00:03:19
- Compare and contrast traditional finance with behavioral finance 16
Duration:00:03:31
Chapter 3: Cognitive Biases and Heuristics 18
Duration:00:00:03
- Examine common cognitive biases that influence decision-making 19
Duration:00:03:29
- Discuss the role of heuristics in shaping financial behavior 22
Duration:00:03:11
Chapter 4: Overconfidence and Overreaction 24
Duration:00:00:03
- Investigate the phenomenon of overconfidence in financial markets 25
Duration:00:03:07
- Explain how overreaction can impact investment decisions 28
Duration:00:02:55
Chapter 5: Regret Aversion and Loss Aversion 30
Duration:00:00:03
- Define regret aversion and how it influences decision-making 31
Duration:00:02:53
- Discuss the concept of loss aversion and its effects on financial choices 34
Duration:00:03:18
Chapter 6: Herd Mentality and Social Influence 36
Duration:00:00:03
- Analyze the role of herd mentality in financial markets 37
Duration:00:03:00
- Explore how social influence can affect investment decisions 40
Duration:00:03:21
Chapter 7: Anchoring and Mental Accounting 42
Duration:00:00:02
- Discuss the impact of anchoring on financial decision-making 43
Duration:00:03:14
- Examine the concept of mental accounting and its implications for investing 46
Duration:00:02:44
Chapter 8: Prospect Theory and the Endowment Effect 48
Duration:00:00:03
- Explore prospect theory and its relevance to behavioral finance 49
Duration:00:03:19
- Investigate the endowment effect and its effects on financial behavior 52
Duration:00:02:56
Chapter 9: Behavioral Finance in Practice 54
Duration:00:00:02
- Provide real-life examples of how behavioral finance principles are applied 55
Duration:00:02:43
- Analyze case studies to demonstrate the relevance of behavioral finance 58
Duration:00:03:12
Chapter 10: Investing Strategies for Behavioral Finance 60
Duration:00:00:03
- Offer practical guidance on how to incorporate behavioral finance in investment decisions 61
Duration:00:03:26
- Discuss strategies for overcoming common behavioral biases 64
Duration:00:03:10
Chapter 11: Behavioral Finance in Personal Finance 66
Duration:00:00:03
- Examine how behavioral finance principles apply to personal financial decision-making 67
Duration:00:03:12
- Provide tips for individuals to make better financial choices based on behavioral finance 70
Duration:00:03:03
Chapter 12: Behavioral Finance in Economic Policy 72
Duration:00:00:03
- Explore the role of behavioral finance in shaping economic policy 73
Duration:00:03:35
- Discuss how governments and institutions can use behavioral finance insights to create more effective policies 76
Duration:00:03:21
Chapter 13: Future Trends in Behavioral Finance 78
Duration:00:00:03
- Speculate on how behavioral finance may continue to evolve 79
Duration:00:03:13
- Predict the potential impacts of behavioral finance on the future of financial markets 82
Duration:00:04:11
Chapter 14: Controversies and Criticisms of Behavioral Finance 85
Duration:00:00:04
- Address common criticisms of behavioral finance 86
Duration:00:03:34
- Analyze controversies surrounding behavioral finance principles 89
Duration:00:03:56
Chapter 15: Conclusion 91
Duration:00:00:01
- Reflect on the implications of understanding behavioral finance for financial decision-making 93
Duration:00:03:21