Behavioral Finance

Rolf J. Daxhammer; Máté Facsar

doi:10.24053/9783739800738

Search publication

Bibliographic data

Copyright year: 2017
ISBN-Print: 978-3-86764-696-3
ISBN-Online: 978-3-7398-0073-8
Publisher: uvk, Konstanz/München
Language: German
Pages: 416
Product type: Book Titles

Titelei/Inhaltsverzeichnis No access Pages 1 - 18
1. 1. Entwicklung der wirtschaftswissenschaftlichen Sichtweisen No access
  2. 1. Konzept des Homo Oeconomicus nach Adam Smith No access
    2. Random Walk Theory nach Louis Bachelier No access
    3. Erwartungsnutzentheorie von Morgenstern und von Neumann No access
    4. Informationsverarbeitung nach Bayes No access
    5. Effizienzmarkthypothese nach Eugene Fama No access
  3. Zusammenfassung No access
2. 1. 1. Portfolio Selection Theory nach Harry Markowitz No access
    2. Capital-Asset-Pricing-Modell nach William Sharpe No access
    3. Arbitrage Pricing Theory als Alternative zum CAPM No access
  2. 1. Fundamentale Wertpapieranalyse No access
    2. Charttechnische Analyse No access
  3. Alte vs. neue Realität – der Schwarze Schwan No access
  4. Zusammenfassung No access
3. Schlussbetrachtung Abschnitt I No access
1. 1. 1. Begriff der Rationalität im Zuge der Paradigmenerweiterung No access
    2. Abkehr von der Erwartungsnutzentheorie – Begrenzte Rationalität No access
  2. 1. Vergleich der neoklassischen mit der verhaltensorientierten Ökonomie No access
    2. Untersuchungsmethoden der Behavioral Finance No access
    3. Der Investor im Wandel der Zeit No access
  3. Zusammenfassung No access
2. 1. 1. Herdentrieb No access
    2. Grenzen der Arbitrage No access
  2. Anatomie von Spekulationsblasen nach Kindleberger/Minsky No access
  3. 1. Bedeutung von Spekulationsblasen für Volkswirtschaften No access
    2. Arten von Spekulationsblasen No access
    3. Arten von Kapitalmarktanomalien No access
  4. Zusammenfassung No access
3. 1. Markteigenschaften als Auslöser von Spekulationsblasen No access
  2. 1. Die Tulpenmanie von 1636 No access
    2. Die John-Law-Spekulationsblase von 1716 No access
    3. Die Südseespekulationsblase von 1720 No access
    4. Der Börsenboom und -crash von 1929 No access
    5. Die Dotcom-Spekulationsblase ab 1997 No access
    6. Die US-Subprime-Kreditkrise ab 2007 No access
    7. Multiple Spekulationsblasen nach der Subprime Kreditkrise (ab 2012) No access
  3. Hinweise auf Spekulationsblasen im Private Equity No access
  4. Zusammenfassung No access
4. Schlussbetrachtung Abschnitt II No access
1. 1. 1. Informationswahrnehmung No access
    2. Informationsverarbeitung/-bewertung No access
    3. Investitionsentscheidung No access
  2. 1. Entscheidungsfindung auf Basis der Prospect Theory No access
    2. Merkmale der Bewertungsfunktionen No access
    3. Bewertung von Wertpapieren auf Basis der Prospect Theory No access
  3. Zusammenfassung No access
2. 1. 1. Fehleinschätzung von Wahrscheinlichkeiten (u.a. Verfügbarkeits-heuristik) No access
    2. Fehleinschätzung von Informationen (u.a. selektive Wahrnehmung) No access
  2. Heuristiken emotionalen Ursprungs – Herdenverhalten No access
  3. Einschätzung der Risiko-/Renditeschädlichkeit betrachteter Heuristiken No access
  4. Zusammenfassung No access
3. 1. 1. Fehleinschätzung von Wahrscheinlichkeiten (u.a. Ambiguitätsaversion) No access
    2. Fehleinschätzung von Informationen - Konservatismus No access
    3. Fehleinschätzung der objektiven Realität (u.a. mentale Buchführung) No access
    4. Fehleinschätzung der eigenen Fähigkeiten (u.a. Selbstüberschätzung) No access
  2. Heuristiken emotionalen Ursprungs – Umkehr der Risikobereitschaft No access
  3. Einschätzung der Risiko-/Renditeschädlichkeit betrachteter Heuristiken No access
  4. Zusammenfassung No access
4. 1. 1. Fehleinschätzung der objektiven Realität – Selektive Entscheidung No access
    2. Fehleinschätzung der eigenen Fähigkeiten (u.a. Selbstattribution) No access
  2. 1. Fehleinschätzung der objektiven Realität (u.a. Reueaversion) No access
    2. Fehleinschätzung der eigenen Fähigkeiten (u.a. Reueaversion) No access
  3. Einschätzung der Risiko-/Renditeschädlichkeit betrachteter Heuristiken No access
  4. Überblick im Informations- und Entscheidungsprozess betrachteter Heuristiken No access
  5. Zusammenfassung No access
5. Schlussbetrachtung Abschnitt III No access
1. 1. Überblick über begrenzt rationales Verhalten in der Anlageberatung No access
  2. 1. Heuristiken während der Informationswahrnehmung No access
    2. Heuristiken während der Informationsverarbeitung/-bewertung No access
    3. Heuristiken während der Investitionsentscheidung No access
  3. Zusammenfassung No access
2. 1. Overconfidence bei unternehmerischen Investitionsentscheidungen No access
  2. Ausschüttungspolitik aus Sicht der Behavioral Finance No access
  3. Initial Public Offerings aus Sicht der Behavioral Finance No access
  4. Corporate Governance aus Sicht der Behavioral Finance No access
  5. Equity Premium Puzzle No access
  6. Zusammenfassung No access
3. 1. 1. Entscheidungsarchitektur No access
    2. Wahlfreiheit & Paternalismus No access
    3. Arten und Merkmale des Nudging No access
    4. Kritik am libertären Paternalismus No access
  2. 1. Verhaltenswissenschaftliche Grundlagen des Financial Nudging No access
    2. Kredite No access
    3. Kreditkarten No access
    4. Hypotheken No access
    5. Altersvorsorge No access
    6. Aktien und Anleihen No access
  3. Zusammenfassung No access
4. 1. Grenzen der Behavioral Finance No access
  2. 1. Erforschung des menschlichen Gehirns No access
    2. Entscheidungsprozesse aus Sicht der Neuro-Finance No access
  3. 1. Emotionen als Grundlage für Investitionsentscheidungen No access
    2. Interpretation von Marktbewegungen aus Sicht der Emotional Finance No access
  4. Zusammenfassung No access
5. Schlussbetrachtung Abschnitt IV No access
Glossar No access Pages 371 - 382
Literaturverzeichnis No access Pages 383 - 402
Abbildungsverzeichnis No access Pages 403 - 406
Personen- und Sachverzeichnis No access Pages 407 - 416

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