PART I: WHAT IS BEHAVIORAL FINANCE? : Introduction -- Heuristic-driven bias: the first theme -- Frame dependence: the second theme -- Inefficient markets: the third theme -- PART II: PREDICTION: Trying to predict the market -- Sentimental journey: the illusion of validity -- Picking stocks to beat the market -- Biased reactions to earnings announcements -- PART III: INDIVIDUAL INVESTORS: "Get-evenitis": riding losers too long -- Portfolios, pyramids, emotions, and biases -- Retirement saving: myopia and self-control -- PART IV: INSTITUTIONAL INVESTORS: Open-ended mutual funds: misframing, "hot hands," and obfuscation games -- Closed-end funds: what drives discounts? -- Fixed income securities: the full measure of behavioral phenomena -- The money management industry: framing effects, style "diversification," and regret -- PART V: THE INTERFACE BETWEEN CORPORATE FINANCE AND INVESTMENT: Corporate takeovers and the winner's curse -- IPOs: initial underpricing, long-term underperformance, and "hot-issue" markets -- Optimism in analysts' earnings predictions and stock recommendations -- PART VI: OPTIONS, FUTURES, AND FOREIGN EXCHANGES: Options: how they're used, how they're priced, and how they reflect sentiment -- Commodity futures: orange juice and sentiment -- Excessive speculation in foreign exchange markets.
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