Behavioural Finance
Behavioural finance blends economics and psychology in seeking to understand individual and collective financial behaviour. It is the study of how human behaviour can influence stock prices and stock markets to create irrational pricing. These suggested books and Internet links should help you grasp an understanding of the concept so that you will be better able to recognize when your behaviour may not be in your own best interest.
References:
Irrational Exuberance.
Author:Robert J., ShillerPublished information:Princeton, New Jersey: Princeton University Press, 2000.
Resource Centre call number:332.632220973 Sh6
The Psychology Of Finance.
Author:Lars., TvedePublished information:New York, N.Y: John Wiley & Sons, 1999.
Resource Centre call number:332.6019 T94
Investment Psychology Explained: Classic Strategies To Beat The Markets.
Author:Martin J, PringPublished information:New York, NY: John Wiley & Sons , 1993.
Resource Centre call number:332.678 P88
Why Smart People Make Big Money Mistakes: And How To Correct Them.
Author:Gary, Belsky and Thomas GilovichPublished information:New York, N.Y: Simon & Schuster, 1999.
Resource Centre call number: 332.024 B41
Manias, Panics, And Crashes A History Of Financial Crises.
Author:Charles P, KindlebergerPublished information:3rd ed. New York, N.Y: John Wiley & Sons, 1996.
Resource Centre call number:338.5409 K58
Extraordinary Popular Delusions And The Madness Of Crowds And Confusion De Confusiones.
Author:Charles, Mackay and Joseph De La VegaPublished information:New York, NY: Wiley & Sons, Inc., 1996.
Resource Centre call number: 301.15 M11