Behavioral finance is emerging as one of the most promising domains in recent times and many of the career aspirants are getting leaned towards the studies relevant to this stream. There are multiple behavioral finance books there in the market that can give you an idea of this specialized domain. However, you can consult a couple of them at a time to make your learning complete and comprehensive. Here is a list of books that might be of much help while studying behavioral finance.
1. Behavioral Finance and Wealth Management
This book attempts to focus on the aspects of investment biases. Once you get to know a good deal about the conventional biases related to the investment plans, it would be easier for you to overcome those limitations and make a plan free from and prejudice. The research analysis supported documents and explanations help in understanding the entire matter prominently.
2. Behavioral Finance: Psychology, Decision-Making, and Markets
This book highlights on multiple case studies related to the random behavior of the investors at different stages of investments. With in-depth analysis and psychological explanations for such behaviors, behavioral finance becomes easier for everyone. The structured pattern of this book makes it good one for class references as well.
3. Behavioral Finance
Covering extensive explanations related to the intricate topics like anomalies and serial correlation, this book emphasizes on EMH or efficient market hypothesis. It entails a lot of information supported with ample evidences and case studies that make the book more lively and interesting. With all these included, this book surely is an advanced book of behavioural finance.
4. Behavioral Finance and Investor Types
The investor base is a huge set and the same has been simply divided into four broad categories so that any person can identify himself/ herself with one of them as an investor. This book has made defining the behavioural aspects of the investors easier. With the research based analyses, this book helps the average stream of investors to take critical investment decisions.
5. Beyond Greed and Fear
Fear of risk and greed to earn more are the two factors that can cause substantial effects on the investment plans. With strategic explanations given for three critical aspects of investment, namely the heuristic biases, inefficiency of market and frame dependence, this book stands as a must for those who are looking for a good book in behavioural finance.
6. Inefficient Markets
If you are looking for one book that can give you a brief of the vast extent of behavioural finance as a domain, this book is a smart choice at any point of time. For any person opting for introductory lessons on behavioural finance, this books work as a miracle.
7. Personal Benchmark
Beahavioural biases are common to any investor but the best thing that this book upholds is the solution to overcome such biases. This will help the investors to make unbiased investment plans yielding better returns. It will also assist the investors to understand their individual emotional perspectives that lead their investment motives.
8. Handbook of Behavioral Finance
The tern handbook fits perfecto this book. If you are a beginner, this book will be a smart choice with short chapters and lucid language. All the chapters have been entwined in a coherent manner to make it comprehensive for the beginners.
9. Advances in Behavioral Finance
This book is regarded as the bible of the finance learners and specifically for those who have taken behavioural finance as their major.
10. Advances in Behavioral Finance, Volume II
This book is a compilation of 20 updated papers from which a reader can easily find out the way through which behavioural finance has evolved over the years.
