Behavioural Finance

Overview

This textbook examines the role of cognitive biases, emotional influences, and mental heuristics that shape investor behaviour and market outcomes.

Design and Utility

Designed to serve as a comprehensive resource, it integrates foundational concepts and advanced applications, ensuring utility for financial practitioners, academics, and students alike.

Purpose and Content

This book will be essential for understanding the psychological underpinnings of financial behaviour and leveraging this knowledge to advance personal and professional objectives in finance.

Features

The integration of behaviour tests and experiments further enhances its utility, enabling practitioners to identify and address behavioural biases systematically.

Literature Gap and Relevance

It fills a critical gap in existing literature, which often prioritises perspectives rooted in developed economies. It aims to place behavioural finance within the context of these markets and offers insights that are both domestically relevant and globally informed.

Writing Style and Audience

Written in a lucid yet academically robust manner, the book ensures accessibility without compromising the depth of analysis, making it suitable for both novice learners and experienced scholars.

Target Audience

It would be useful as a core text for undergraduate and postgraduate students of management, commerce and economics.