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Financial Economics - A Concise Introduction to Classical and Behavioral Finance.pdf

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Financial Economics - A Concise Introduction to Classical and Behavioral Finance.pdf

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Financial Economics - A Concise Introduction to Classical and Behavioral Finance.pdf

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文档介绍:Financial Economics

Thorsten Hens • Marc Oliver Rieger
Financial Economics
A Concise Introduction
to Classical and Behavioral Finance
123
Professor Dr. Thorsten Hens Prof. Dr. Marc Oliver Rieger
ISB, University of Zurich Fachbereich IV
Plattenstrasse 32 University of Trier
8032 Zurich Universitätsring 15
Switzerland 54286 Trier
******@ Germany
******@uni-
ISBN 978-3-540-36146-6 e-ISBN 978-3-540-36148-0
DOI -3-540-36148-0
Springer Heidelberg Dordrecht London New York
Library of Congress Control Number: 2010930284
c Springer-Verlag Berlin Heidelberg 2010
This work is subject to copyright. All rights are reserved, whether the whole or part of the material is
concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting,
reproduction on microfilm or in any other way, and storage in data banks. Duplication of this publication
or parts thereof is permitted only under the provisions of the German Copyright Law of September 9,
1965, in its current version, and permission for use must always be obtained from Springer. Violations are
liable to prosecution under the German Copyright Law.
The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply,
even in the absence of a specific statement, that such names are exempt from the relevant protective laws
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Springer is part of Springer Science+Business Media ()
Preface
Until recently, most people were not paying too much attention to financial
markets. This certainly changed with the onset of the financial crisis. For a
long time we took it for granted that we can borrow money from a bank or get
safe interest payments on deposits. All these fundamental beliefs were shaken
in the wake of the financial crisis.
When the man on the street has lost his faith in systems