Behavioral finance approach to international monetary and financial analysis, a: implications and evidence
Auteur :
Willett, Thomas D.
Éditeur :
Cambridge University Press
ISBN :
9781009693981
Date de publication :
30 avr. 2026
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
Grande Bretagne
This Element complements efficient market theory with a behavioral finance approach, highlighting incentives, uncertainty, narratives, and limits to arbitrage. It reviews models of currency crises, exchange rates, capital flows, and the monetary trilemma, showing how behavioral insights explain delayed policy responses to financial crises.