• Home
  • A Fast and Frugal Finance

A Fast and Frugal Finance

A Fast and Frugal Finance
  • Author : William P. Forbes
  • Publsiher : Academic Press
  • Release : 15 June 2019
  • ISBN : 0128124954
  • Pages : 320 pages
  • Rating : 4/5 from 21 ratings
GET THIS BOOKA Fast and Frugal Finance

Summary:
A Fast and Frugal Finance: Bridging Contemporary Behavioral Finance and Ecological Rationality adds psychological reality to classical financial reasoning. It shows how financial professionals can reach better and quicker decisions using the 'fast and frugal' framework for decision-making, adding dramatically to time and outcome efficiency, while also retaining accuracy. The book provides the reader with an adaptive toolbox of heuristic tools and classification systems to aid real-world decisions. Throughout, financial applications are presented alongside real-world examples to help readers solve established problems in finance, including stock buying and selling decisions, even in situations of considerable uncertainty and risk. The book concludes by describing potential solutions to financial problems, including discussions on high frequency trading and machine learning algorithms. Demonstrates how well-constructed 'fast and frugal' models can outperform standard models in time and outcome efficiency Focuses on how financial decisions are made in reality rather than how they should be made Discusses how cognition and the decision-making context interact in producing 'fast and frugal' choices Explores the development of decision-making trees in finance to aid in decision-making


A Fast and Frugal Finance

A Fast and Frugal Finance
  • Author : William P. Forbes,Aloysius Obinna Igboekwu,Shabnam Mousavi
  • Publisher : Academic Press
  • Release : 15 June 2019
GET THIS BOOKA Fast and Frugal Finance

A Fast and Frugal Finance: Bridging Contemporary Behavioral Finance and Ecological Rationality adds psychological reality to classical financial reasoning. It shows how financial professionals can reach better and quicker decisions using the 'fast and frugal' framework for decision-making, adding dramatically to time and outcome efficiency, while also retaining accuracy. The book provides the reader with an adaptive toolbox of heuristic tools and classification systems to aid real-world decisions. Throughout, financial applications are presented alongside real-world examples to help readers solve



Fast and Frugal Decision Making

Fast and Frugal Decision Making
  • Author : Shabnam Mousavi
  • Publisher : Palgrave Macmillan
  • Release : 27 February 2021
GET THIS BOOKFast and Frugal Decision Making

We all want more information in order to make better decisions and calculate risk, but oftentimes that information is scarce. This new strategy, based on extensive cognitive and economic research, shows how to make financial decisions through a 'fast and frugal' method.


Classification in the Wild

Classification in the Wild
  • Author : Ozgur Simsek,Konstantinos Katsikopoulos,Marcus Buckmann,Gerd Gigerenzer
  • Publisher : Anonim
  • Release : 02 February 2021
GET THIS BOOKClassification in the Wild

"A "bounded rationality" approach to understanding how people classify entities in real world situations, with imperfect information and limited time"--


Investor Decision-Making and the Role of the Financial Advisor

Investor Decision-Making and the Role of the Financial Advisor
  • Author : Caterina Cruciani
  • Publisher : Springer
  • Release : 13 November 2017
GET THIS BOOKInvestor Decision-Making and the Role of the Financial Advisor

This book looks at financial advisory from a behavioural perspective, and focuses on how the nature of the relationship between advisors and clients may affect the ability of the advisor to perform its functions. Broken into three key parts, the book looks at the client, the advisor, and the relationship between the two. Chapters review relevant theories of decision-making under risk to understand the nature of clients’ decisions. The literature on advisors’ functions and the normative landscape regulating financial advisory


Behavioral Finance

Behavioral Finance
  • Author : H. Kent Baker,John R. Nofsinger
  • Publisher : John Wiley & Sons
  • Release : 01 October 2010
GET THIS BOOKBehavioral Finance

A definitive guide to the growing field of behavioral finance This reliable resource provides a comprehensive view of behavioral finance and its psychological foundations, as well as its applications to finance. Comprising contributed chapters written by distinguished authors from some of the most influential firms and universities in the world, Behavioral Finance provides a synthesis of the most essential elements of this discipline, including psychological concepts and behavioral biases, the behavioral aspects of asset pricing, asset allocation, and market prices,


Behavioural Finance | Second Edition

Behavioural Finance | Second Edition
  • Author : Prasanna Chandra
  • Publisher : McGraw-Hill Education
  • Release : 04 March 2020
GET THIS BOOKBehavioural Finance | Second Edition

The thoroughly revised 2nd edition of Behavioural Finance is designed as a textbook for students of MBA and CFA Programme. It will also serve a reference book for investment practitioners and corporate finance executives. The book discusses financial decision-making and financial markets from the perspective of behavioural sciences and allied disciplines. It expounds theories of behavioural finance and explores ways and means of injecting greater rationality in financial and investment decisions making. Salient Features: • An overview of Behavioural Finance • New


Simple Heuristics that Make Us Smart

Simple Heuristics that Make Us Smart
  • Author : Gerd Gigerenzer,Peter M. Todd,ABC Research Group
  • Publisher : Oxford University Press
  • Release : 12 October 2000
GET THIS BOOKSimple Heuristics that Make Us Smart

Simple Heuristics That Make Us Smart invites readers to embark on a new journey into a land of rationality that differs from the familiar territory of cognitive science and economics. Traditional views of rationality tend to see decision makers as possessing superhuman powers of reason, limitless knowledge, and all of eternity in which to ponder choices. To understand decisions in the real world, we need a different, more psychologically plausible notion of rationality, and this book provides it. It is


Meet the Frugalwoods

Meet the Frugalwoods
  • Author : Elizabeth Willard Thames
  • Publisher : HarperCollins
  • Release : 06 March 2018
GET THIS BOOKMeet the Frugalwoods

The deeply personal story of how award-winning personal finance blogger Elizabeth Willard Thames abandoned a successful career in the city and embraced frugality to create a more meaningful, purpose-driven life, and retire to a homestead in the Vermont woods at age thirty-two with her husband and daughter. In 2014, Elizabeth and Nate Thames were conventional 9-5 young urban professionals. But the couple had a dream to become modern-day homesteaders in rural Vermont. Determined to retire as early as possible in order



Handbook of Behavioural Economics and Smart Decision-Making

Handbook of Behavioural Economics and Smart Decision-Making
  • Author : Morris Altman
  • Publisher : Edward Elgar Publishing
  • Release : 26 May 2017
GET THIS BOOKHandbook of Behavioural Economics and Smart Decision-Making

This Handbook is a unique and original contribution of over thirty chapters on behavioural economics, examining and addressing an important stream of research where the starting assumption is that decision-makers are for the most part relatively smart or rational. This particular approach is in contrast to a theme running through much contemporary work where individuals’ behaviour is deemed irrational, biased, and error-prone, often due to how people are hardwired. In the smart people approach, where errors or biases occur and


Frugal Isn't Cheap

Frugal Isn't Cheap
  • Author : Clare Levison
  • Publisher : Red Wheel/Weiser
  • Release : 19 July 2013
GET THIS BOOKFrugal Isn't Cheap

In Frugal Isn’t Cheap, Clare Levison serves up practical financial advice with a side of southern charm. Filled with real-life stories, it will challenge you to change the way you think about money. Her message is deceptively simple and clear: it’s cool to be smart about your money; it’s stylish to be sensible rather than overindulgent; financial stability is more glamorous than extravagance. But cut up the credit cards? No way. Levison prefers to promote responsibility rather


Towards a Cognitive Mode in Global Finance

Towards a Cognitive Mode in Global Finance
  • Author : Torsten Strulik,Helmut Willke
  • Publisher : Campus Verlag Gmbh
  • Release : 27 February 2021
GET THIS BOOKTowards a Cognitive Mode in Global Finance

The global finance system has been the subject of hot debate for several years. Major players such as the International Monetary Fund and the World Bank have come under fire for their financial practices, while the role of epistemic authorities, including rating agencies, remains unclear. This book systematically analyzes the role knowledge plays in global finance reform by considering its influence in the empirical areas of finance (banking, accounting, and bond rating, for example). As the contributors demonstrate, current institutional


Handbook of Finance, Investment Management and Financial Management

Handbook of Finance, Investment Management and Financial Management
  • Author : Frank J. Fabozzi
  • Publisher : Wiley
  • Release : 04 August 2008
GET THIS BOOKHandbook of Finance, Investment Management and Financial Management

Volume II: Investment Management and Financial Management focuses on the theories, decisions, and implementations aspects associated with both financial management and investment management. It discusses issues that dominate the financial management arena—capital structure, dividend policies, capital budgeting, and working capital—and highlights the essential elements of today's investment management environment, which include allocating funds across major asset classes and effectively dealing with equity and fixed income portfolios. Incorporating timely research and in-depth analysis, the Handbook of Finance is a