A fast and frugal finance bridging contemporary behavioural finance and ecological rationality

"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, using heuristics, rather than how such decisions should be made Discusses how cognition and the decision-ma...

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Bibliographic Details
Other Authors: Forbes, William, 1959- author (author), Igboekwu, Aloysius, author (editor), Modarres-Mousavi, Shabnam, author, Altman, Morris, editor
Format: eBook
Language:Inglés
Published: London, England : Elsevier [2020]
Series:Perspectives in behavioral economics and the economics of behavior.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009835420706719
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Summary:"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, using heuristics, rather than how such decisions should be made Discusses how cognition and the decision-making context interact in producing 'fast and frugal' choices that follow ecological rationality Explores the development of decision-making trees in finance to aid in decision-making"--
Physical Description:1 online resource (278 pages)
ISBN:9780128124963