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The Biology of Investing John R. Nofsinger

The Biology of Investing By John R. Nofsinger

The Biology of Investing by John R. Nofsinger


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Summary

Peoples financial and economic preferences vary widely due to Nurture variables such as socioeconomic factors, but scientists have been discovering that nature also plays a role. This is the first book to bring together these scientific insights for a holistic view of the role of human biology in financial decision-making.

The Biology of Investing Summary

The Biology of Investing by John R. Nofsinger

Why do peoples financial and economic preferences vary so widely? Nurture variables such as socioeconomic factors partially explain these differences, but scientists have been discovering that nature also plays an important role. This is the first book to bring together these scientific insights for a holistic view of the role of human biology in financial decision-making.

Geneticists are now examining which genetic markers are associated with financial and economic preferences. Neuroscientists are now determining where in the brain financial decisions are made and how that varies between people. Endocrinologists relate the level of different hormones circulating in the body to financial risk-taking. Researchers are exploring how physiology and environmental conditions influence investment decisions, and how three types of cognitive ability play essential roles in investment success. This exciting and relevant work being done in these academic silos has generally not been transmitted among the scientific areas, or to industry. For the first time, this book integrates all these areas, explaining the myriad ways in which a persons biology influences their investing decisions.

Financial analysts, advisors, market participants, and upper-level undergraduate and postgraduate students of behavioral finance, behavioral economics, and investing will find this book invaluable, enabling a deeper understanding of investors decision-making processes.

To further ensure this new material is accessible to students, PowerPoint slides are available online for instructors use.

About John R. Nofsinger

John R. Nofsinger, Ph.D., is the William H. Seward Chair in International Finance at the University of Alaska Anchorage and is a portfolio manager at Denali Advisors, LLC.

Corey A. Shank, Ph.D. is an Assistant Professor of Finance at Dalton State College.

Table of Contents

1. Biology and Psychology in Finance Section INature vs Nurture 2. Genetics: Twin Investment Behavior 3. More Genetics: Investments of Adoptees and the Human Genome 4. Do Men and Women Invest Differently? Section IIPhysiology 5. Brain Function and Financial Decisions 6. The Influence of Hormones on Financial Risk Taking .7 Sleep, Coffee, and Investing 8. How Wellness Influences Financial Choices Section IIICognitive Outcomes 9. The Emotional and Moody Investor 10. How Environmental Factors Impact Financial Decisions 11. The Personality of a Successful Investor 12. Types of Intelligence and Investment Performance 13. Impaired Cognitive Function and Diminished Decision Making

Additional information

NPB9780367444143
9780367444143
0367444143
The Biology of Investing by John R. Nofsinger
New
Hardback
Taylor & Francis Ltd
2020-04-15
218
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
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