Financial Decision Making

This book sheds insight into financial decision making and lays down the major biases in human behavioral decision making, such as over-confidence, naïve extrapolation, attention, risk aversion, and how they lead investors and corporations to make considerable mistakes in investment. This book focuses Chinäs financial reforms and economic transition and uses many cases and results on China to highlight the importance of behavioral finance and investor education. It provides the much needed in-depth understanding of the Chinese capital market.