A Fast and Frugal Finance —— Bridging Contemporary Behavioral Finance and Ecological Rationality

----- 快速而朴素的金融：弥合当代行为金融与生态理性

ISBN: 9780128124956 出版年：2019 页码：278 Forbes, William P Igboekwu, Aloysius Obinna Mousavi, Shabnam Academic Press_RM

A Fast and Frugal Finance: Bridging Contemporary Behavioural Finance and Ecological Rationality adds psychological reality to classical financial reasoning. It shows how financial professionals can reach better and quicker decisions using the 鈥榝ast and frugal鈥?framework for decision-making, adding dramatically to time and outcome efficiency, while also retaining accuracy. The book provides the reader with an adaptive toolbox of heuristic tools and classification systems to aid real-world decisions. Throughout, financial applications are presented alongside real-world examples to help readers solve established problems in finance, including stock buying and selling decisions, when faced with not only risk but fundamental uncertainty. The book concludes by describing potential solutions to financial problems in the forefront of contemporary debates, and calls for taking psychological insights seriously.Demonstrates how well-constructed 鈥榝ast and frugal鈥?models can outperform standard models in time and outcome efficiencyFocuses on how financial decisions are made in reality, using heuristics, rather than how such decisions should be madeDiscusses how cognition and the decision-making context interact in producing 鈥榝ast and frugal鈥?choices that follow ecological rationalityExplores the development of decision-making trees in finance to aid in decision-making