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11/30/2010

Behavioral Finance: Theories and Evidence


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CFA Institute That behavioral finance has revolutionized the way we think about investments cannot be denied. But its intellectual appeal may lie in its cross-disciplinary nature, marrying the field of investments with biology and psychology. This literature review discusses the relevant research in each component of what is known collectively as behavioral finance.

Click here to read the full literature review, written by Alistair Byrne, CFA, and Mike Brooks

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