The Journal of Psychology and Financial Markets 2 4 , , The Review of Financial Studies 2 2 , , Articles 1—20 Show more. Help Privacy Terms. The disposition to sell winners too early and ride losers too long: Theory and evidence H Shefrin, M Statman The Journal of finance 40 3 , , Beyond greed and fear: Understanding behavioral finance and the psychology of investing H Shefrin Oxford University Press on Demand , Behavioral portfolio theory H Shefrin, M Statman Journal of financial and quantitative analysis 35 2 , , Explaining investor preference for cash dividends HM Shefrin, M Statman Journal of financial economics 13 2 , , Behavioral corporate finance H Shefrin Journal of applied corporate finance 14 3 , , Behavioral capital asset pricing theory H Shefrin, M Statman Journal of financial and quantitative analysis 29 3 , , A behavioral approach to asset pricing H Shefrin Elsevier , Behavioral finance: Quo vadis?
Behavioral aspects of the design and marketing of financial products H Shefrin, M Statman Financial Management, , Do investors expect higher returns from safer stocks than from riskier stocks? He also holds an honorary doctorate from the University of Oulu, Finland. He completed his undergraduate studies at the University of Manitoba, which in recognized him with a lifetime achievement award. Receive relevant news items directly in your mailbox, be always up to date with the featured programs and get free access to AIF Alumni Network Events.
Read our privacy statement on how we handle your personal information. His writings spearheaded the development of two distinct subfields, behavioural economics and behavioural finance, which blend economics, finance, mathematics, and psychology. On Thursday, January 26, , he will receive the Faculty of Science Honoured Alumni Award for exceptional achievement in mathematics. I love its sheer power to help us understand so much about the universe we inhabit, from the motions of planetary bodies to the nature of subatomic particles to the forces that underlie the economic and political character of human society.
Shefrin is considered to be one of the best and most influential in his field. He has written several ground-breaking books that demonstrate the relevance of behavioural ideas across a wide range of applications.
Shefrin is well known for being a prime contributor to the economic theory of self-control based on neurological and psychological factors. Over thirty years ago, Dr. Shefrin began studying reasons why investors tend to hang onto stocks that are losing money, while, in contrast, they sell more lucrative investments. The results of this research, which defined the disposition effect and introduced it into the literature, were published in a much-cited paper called The disposition to sell winners too early and ride losers too long: theory and evidence.
Shefrin explains. After graduating from the U of M, with a B. After his first teaching position at the University of Rochester, Dr. In addition to self-control and the disposition effect, Dr. Shefrin focused on behavioural pricing kernel theory, behavioural corporate finance, and behavioural risk management. Today, Dr.
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