Suchergebnisse

Front Matter -- Foundation and Key Concepts. Behavioral Finance: An Overview / H Kent Baker, John R Nofsinger -- Traditional Versus Behavioral Finance / Robert Bloomfield -- Behavioral Finance: Application and Pedagogy in Business Education and Training / Rassoul Yazdipour, James A Howard -- Heuristics Or Rules of Thumb / Hugh Schwartz -- Neuroeconomics and Neurofinance / Richard L Peterson -- Emotional Finance: The Role of the Unconscious in Financial Decisions / Richard J Taffler, David A Tuckett -- Experimental Finance / Robert Bloomfield, Alyssa Anderson -- the Psychology of Risk / Victor Ricciardi -- Psychological Influences on Financial Regulation and Policy / David Hirshleifer, Siew Hong Teoh -- Psychological Concepts and Behavioral Biases. Disposition Effect / Markku Kaustia -- Prospect Theory and Behavioral Finance / Morris Altman -- Cumulative Prospect Theory: Tests Using the Stochastic Dominance Approach / Haim Levy -- Overconfidence / Markus Glaser, Martin Weber -- the Representativeness Heuristic / Richard J Taffler -- Familiarity Bias / Hisham Foad -- Limited Attention / Sonya S Lim, Siew Hong Fteoh -- Other Behavioral Biases / Michael Dowling, Brian Lucey -- Behavioral Aspects of Asset Pricing. Market Inefficiency / Raghavendra Rau -- Belief and Preference-Based Models / Adam Szyszka -- Behavioral Corporate Finance. Enterprise Decision Making as Explained in Interview-Based Studies / Hugh Schwartz -- Financing Decisions / Jasmin Gider, Dirk Hackbarth -- Capital Budgeting and Other Investment Decisions / Simon Gervais -- Dividend Policy Decisions / Itzhak Ben David -- Loyalty, Agency Conflicts, and Corporate Governance / Randall Morck -- Initial Public Offerings / Francois Derrien -- Mergers and Acquisitions / Ming Dong -- Investor Behavior. Trust Behavior: The Essential Foundation of Financial Markets / Lynn A Stout -- Individual Investor Trading / Ning Zhu -- Individual Investor Portfolios / Valery Polkovnichenko -- Cognitive Abilities and Financial

This article explores how strategic communication, public diplomacy, international governmental broadcasting, and social media networking can be brought together in a system of strategic influence and global engagement. The analysis offers a contrasting approach to various views of public diplomacy or strategic communication which privilege one form of governmental influence over others and treat partial aspects of national persuasion as complete pictures of government communication aimed at foreign audiences. Because so much of public diplomacy literature today emphasizes social media, it is necessary to determine how specific tools of influence such as international broadcasting, can be used in ways that fit new thinking in public diplomacy as well as continuously emerging new media ecologies.

The first goal of this article is to demonstrate that the dichotomy between informational and normative influence in group decision making is long outdated and should be replaced with a distinction among compliance, comparison, and argumentation influence processes. The second goal of this article is to use this distinction as the basis for a literature review of the impact of various input factors on social influence during small group discussion. The third goal of this article is to present the Simplified Model of Group Social Influence Processes, an interactive input–process–output model relevant to decision-making groups. The article ends with a discussion of the implications of this model for future research and further model development.

"The Causes and Behavioral Consequences of Disasters" brings a public health perspective to the literature, reflecting the increasing importance of the field in both disaster preparedness and disaster response. Arguing that a disaster is not only the event but its aftermath as well, the authors apply salient local content to the study of scenarios ranging from the Cuzco, Peru, earthquake of 1950 to the Columbine school shooting, the Oklahoma City bombing, and 9/11. These case studies form the basis for models of vulnerabilities to disasters and population behavior following disasters

Intro -- ACKNOWLEDGMENTS -- 1 - INTRODUCTION -- 2 - ANTECEDENTS OF THE BEHAVIORAL THEORY OF THE FIRM -- 2.1 The Theory of the Firm -- 2.2 Organization Theory -- 2.3 Research Questions in a Revised Theory of Firm Decision Making -- 2.4 Summary -- Appendix. Mathematical Theory of the Firm -- 3 - ORGANIZATIONAL GOALS -- 3.1 The Problem of Collective Goals -- 3.2 The Goal Formation Process -- 3.3 Business Goals and Price and Output Decisions -- 3.4 Summary -- 4 - ORGANIZATIONAL EXPECTATIONS -- 4.1 Expectations in Theories of Business Decision Making -- 4.2 Four Case Studies in the Use of Expectations -- 4.3 Communications in Theories of Business Decision Making -- 4.4 Two Experiments on Organizational Communication -- 4.5 Implications for a Theory of Organizational Expectations -- 5 - ORGANIZATIONAL CHOICE -- 5.1 A Partial Model of Organizational Choice -- 5.2 The Firm as an Adaptive Institution -- 5.3 Standard Operating Procedures -- 5.4 Summary -- 6 - A SUMMARY OF BASIC CONCEPTS IN THE BEHAVIORAL THEORY OF THE FIRM -- 6.1 Goals, Expectations, and Choice -- 6.2 Four Major Relational Concepts -- 6.3 The Basic Structure of the Organizational Decision-Making Process -- 7 - A SPECIFIC PRICE AND OUTPUT MODEL -- 7.1 General View of Price and Output Determination in a Retail Department Store -- 7.2 Details of Output Determination -- 7.3 Details of Price Determination -- 7.4 Tests of the Detailed Models -- 7.5 Summary -- 8 - A GENERAL MODEL OF PRICE AND OUTPUT DETERMINATION -- 8.1 A General Model -- 8.2 An Exploration of Some Properties of the Model -- 8.3 Summary -- 9 - A MODEL OF RATIONAL MANAGERIAL BEHAVIOR -- 9.1 Managerial Rationality and Profit Maximization -- 9.2 Motivating the Model -- 9.3 The Model -- 9.4 A Particular Application of the Analysis -- 9.5 Conclusion -- 10 - A MODEL OF TRUST INVESTMENT BEHAVIOR -- 10.1 General Considerations.

This paper overviews the theoretical and empirical research on behavioral biases and their influence in the literature. To provide a systematic exposition, we present a unified framework that takes the reader through an original taxonomy, based on the reviews of relevant authors in the field. In particular, we establish three broad categories that may be distinguished: heuristics and biases; choices, values and frames; and social factors. We then describe the main biases within each category, and revise the main theoretical and empirical developments, linking each bias with other biases and anomalies that are related to them, according to the literature.