Book description
Behavioral finance is the study of how psychology affects financial decision making and financial markets. It is increasingly becoming the common way of understanding investor behavior and stock market activity. Incorporating the latest research and theory, Shefrin offers both a strong theory and efficient empirical tools that address derivatives, fixed…
Why read it?
1 author picked A Behavioral Approach to Asset Pricing as one of their favorite books. Why do they recommend it?
This book inspired me to apply quantitative and theoretical models to analyse the impact of human psychology on financial decision-making. The book is sometimes a bit technical, but I felt that that the explanations around the mathematical requirements sufficiently supported the development of my own intuition about their economic and psychological motivation.
I learned from this book how to combine economic theory and psychology to explain empirical and experimental evidence on asset prices. As a mathematician, I was excited to learn how Prof. Shefrin mathematically included psychological factors in classical models for financial decision-making and analyzed the implications for asset…
From Enrico's list on diving into the next generation of behavioral finance.
If you love A Behavioral Approach to Asset Pricing...
December on 5C4
Magical realism meets the magic of Christmas in this mix of Jewish, New Testament, and Santa stories–all reenacted in an urban psychiatric hospital!
On locked ward 5C4, Josh, a patient with many similarities to Jesus, is hospitalized concurrently with Nick, a patient with many similarities to Santa. The two argue…
Want books like A Behavioral Approach to Asset Pricing?
Our community of 12,000+ authors has personally recommended 100 books like A Behavioral Approach to Asset Pricing.
Share your top 3 reads of 2025!
And get a beautiful page showing off your 3 favorite reads.
1,277
readers submitted
so far, will you?
📚 If you like A Behavioral Approach to Asset Pricing, you might also like...
The Bridge
The Bridge provides a compassionate and well researched window into the worlds of linear and circular thinking. A core pattern to the inner workings of these two thinking styles is revealed, and most importantly, insight into how to cross the distance between them. Some fascinating features emerged such as, circular…
And Then They Were Gone
Of the 918 Americans who died in the shocking murder-suicides of November 18, 1978, in the tiny South American country of Guyana, a third were under eighteen. More than half were in their twenties or younger.
The authors taught in a small high school in San Francisco where Reverend Jim…
