Behavioral Investment Management: An Efficient Alternative to Modern Portfolio Theory

Abstract

PART 1- The Current Paradigm: MPT (Modern Portfolio Theory) Chapter 1: Modern Portfolio Theory as it Stands Chapter 2: Challenges to MPT: Theoretical-the assumptions are not thus Chapter 3: Challenges to MPT: Empirical-the world is not thus Chapter 4: Challenges to MPT: Behavioural-people are not thus Chapter 5: Describing the Overall Framework: Investors and Investments PART 2- Amending MPT: Getting to BMPT Chapter 1:Investors-The Rational Investor Chapter 2: Investments-Extracting Value from the long-term Chapter 3: Investments-Extracting Value from the short-term Chapter 4: bringing it together, the new BMPT paradigm PART 3- Emotional Insurance: Sticking with the Journey Chapter 1: Investors- the emotional investor Chapter 2: Investments- Constraining the rational portfolio PART 4- Practical Implications Chapter 1: The BMPT and Wealth Management Chapter 2: The BMPT and the Pension Industry Chapter 3: The BMPT and Asset Management

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 22 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.