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The book explores a transformative approach to finance, merging neoclassical and behavioral economics. It highlights two key shifts: neoclassical economists integrating psychological factors into their models, and behavioral economists creating a structured framework for understanding financial behavior. This paradigm shift emphasizes a more realistic and nuanced understanding of financial markets, reflecting the complexities of human decision-making.
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Behavioralizing Finance, Hersh Shefrin
- Language
- Released
- 2010
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- (Paperback)
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