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Behavioral Finance and the Investment Decision-Making Process in the Brazilian Financial Market
16 references·1 citing·31 second hop
Behavioral Finance and the Investment Decision-Making Process in the Brazilian Financial Market (2007)Behavioral Finance and the Investment Dec…Prospect Theory: An Analysis of Decision under Risk (2000)Prospect Theory: An Analysis …The End of Behavioral Finance (1999)The End of Behavioral FinanceThe disposition effect in securities trading: an experimental analysis (1998)The disposition effect in sec…Aspects of Investor Psychology (1998)Aspects of Investor PsychologyAgainst the Gods: The Remarkable Story of Risk (1997)Against the Gods: The Remarka…Against the Gods: The Remarkable Story of Risk (1996)Against the Gods: The Remarka…Investment Valuation: Tools and Techniques for Determining the Value of Any Asset (1995)Investment Valuation: Tools a…Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias (1991)Anomalies: The Endowment Effe…RATIONAL CHOICE AND THE FRAMING OF DECISIONS (1988)RATIONAL CHOICE AND THE FRAMI…Rational Choice and the Framing of Decisions (1986)Rational Choice and the Frami…Toward a positive theory of consumer choice (1980)Toward a positive theory of c…Prospect Theory: An Analysis of Decision under Risk (1979)Prospect Theory: An Analysis …EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)EFFICIENT CAPITAL MARKETS: A …Efficient Capital Markets: A Review of Theory and Empirical Work (1970)Efficient Capital Markets: A …A Simplified Model for Portfolio Analysis (1963)A Simplified Model for Portfo…PORTFOLIO SELECTION* (1952)PORTFOLIO SELECTION*Tomada de decisão, heurísticas e vieses na análise das demonstrações contábeis (2017)Tomada de decisão, heurística…An Evolutionary Theory of Economic Change. (1983)Prospect theory: An analysis of decision under risk (1988)Advances in prospect theory: Cumulative representation of uncertainty (1992)The effects of feedback interventions on performance: A historical review, a meta-analysis, and a preliminary feedback intervention theory. (1996)A perspective on judgment and choice: Mapping bounded rationality. (2003)Judgment under Uncertainty: Heuristics and Biases (1974)The Framing of Decisions and the Psychology of Choice (1981)Construal-level theory of psychological distance. (2010)Portfolio Selection: Efficient Diversification of Investments (1959)THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964 (1968)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Adjustment of Stock Prices to New Information (2003)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Users of the world, unite! The challenges and opportunities of Social Media (2009)Choices, values, and frames. (1984)Status quo bias in decision making (1988)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)Individual differences in reasoning: Implications for the rationality debate? (2000)Heuristics and Biases: The Psychology of Intuitive Judgment (2004)Latin hypercube sampling and the propagation of uncertainty in analyses of complex systems (2003)The nature of procrastination: A meta-analytic and theoretical review of quintessential self-regulatory failure. (2007)Risk assessment and risk management: Review of recent advances on their foundation (2015)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)Conditional value-at-risk for general loss distributions (2002)Optimal Versus Naive Diversification: How Inefficient is the 1/ N Portfolio Strategy? (2007)The relationship between corporate social responsibility and shareholder value: an empirical test of the risk management hypothesis (2008)Representativeness Revisited: Attribute Substitution in Intuitive Judgment (2002)
this work references cited by second hop

References

  • 1979Prospect Theory: An Analysis of Decision under Risk48,459 cited
  • 1970EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK*15,723 cited
  • 1970Efficient Capital Markets: A Review of Theory and Empirical Work13,616 cited
  • 1952PORTFOLIO SELECTION*13,480 cited
  • 1980Toward a positive theory of consumer choice5,574 cited
  • 1991Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias5,015 cited
  • 1988RATIONAL CHOICE AND THE FRAMING OF DECISIONS3,712 cited
  • 1986Rational Choice and the Framing of Decisions3,624 cited
  • 1963A Simplified Model for Portfolio Analysis2,740 cited
  • 1996Against the Gods: The Remarkable Story of Risk1,441 cited
  • 1995Investment Valuation: Tools and Techniques for Determining the Value of Any Asset1,380 cited
  • 1998The disposition effect in securities trading: an experimental analysis922 cited
  • 2000Prospect Theory: An Analysis of Decision under Risk922 cited
  • 1998Aspects of Investor Psychology708 cited
  • 1997Against the Gods: The Remarkable Story of Risk631 cited
  • 1999The End of Behavioral Finance

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  • 2017Tomada de decisão, heurísticas e vieses na análise das demonstrações contábeis1 cited