芝加哥大学的行为金融学讲义A SURVEY OF BEHAVIORAL FINANCE， P64


Chapter 18
NICHOLAS BARBERIS A SURVEY OF BEHAVIORAL FINANCE University of Chicago RICHARD THALER University of Chicago ContentsAbstractKeywords
1. Introduction
2. Limits to arbitrage2.1. Market efficiency
2.2. Theory
2.3. Evidence
2.3.1. Twin shares
2.3.2. Index inclusions
2.3.3. Internet carve-outs
3. Psychology
3.1. Beliefs
3.2. Preferences
3.2.1. Prospect theory
3.2.2. Ambiguity aversion
4. Application: The aggregate stock market
4.1. The equity premium puzzle
4.1.1. Prospect theory
4.1.2. Ambiguity aversion
4.2. The volatility puzzle
4.2.1. Beliefs
4.2.2. Preferences
5. Application: The cross-section of average returns
5.1. Belief-based models