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Equity Home Bias in International Finance | 1:a upplagan

Equity Home Bias in International Finance | 1:a upplagan

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Beskrivning

This book provides a comprehensive and critical analysis of research outcomes on the equity home bias puzzle – that people overinvest in domestic stocks relative to the theoretically optimal investment portfolio. It introduces place attachment – the bonding that occurs between individuals and their meaningful environments – as a new explanation for equity home bias, and presents a philosophically multi-paradigmatic view of place attachment.For the first time, a comprehensive and up-to-date review of the extant literature is provided, demonstrating that place attachment is a contributing factor to 22 different topics in which variations of home bias are present. The author also analyses thesocial-psychological underpinnings of place attachment, and considers the effect of multi-culturalism on the future of equity home bias.The book’s unique approach discusses the issues in conceptual terms rather than through data and statistical methods. This multi- and inter-disciplinary book is an invaluable resource for graduate students and researchers interested in economics, finance, philosophy, and/or methodology, introducing them to a new line of research.

Produktinformation

Bandtyp:
Häftad
Språk:
Engelska
Upplaga:
1
Utgiven:
2020-12-18
ISBN:
9780367729196
Sidantal:
230

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