16 126 809 livres à l’intérieur 175 langues
2 047 052 livres numériques à l’intérieur 101 langues
Cela ne vous convient pas ? Aucun souci à se faire ! Vous pouvez renvoyer le produit dans les 30 jours
Impossible de faire fausse route avec un bon d’achat. Le destinataire du cadeau peut choisir ce qu'il veut parmi notre sélection.
Politique de retour sous 30 jours
The present work seeks for a deeper motivation of§those financial market behaviors that remained§unexplained by traditional economic theories. It is§the result of some years of research in the areas of§Behavioral Finance and Market Microstructure. The§work undertakes the challenging task of quantifying less-rational aspects of financial decision-making,§such as simplified trading rules, emotional§reactions, and subjective perceptions and beliefs. To§this purpose, not only are traditional models§extended in order to account for behavioral elements,§but also new models and measures are developed and§tested by means of numerical simulations.§Surprisingly, it appears that rational trading is not§the only way to make money, and the presence of§less-than-perfectly rational traders can be§compatible with stable and efficient markets. Not§only trading decisions but also investment decisions§are highly sensitive to subjective attitudes. The§work helps to identify several trading and investment§strategies that ensure the success and survival of§their users and maximize their risky holdings,§respectively.