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Equity Home Bias in International Finance

A Place-Attachment Perspective

Kavous Ardalan
Livre broché | Anglais | Banking, Money and International Finance
54,45 €
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Description

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 the social-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.

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Editeur:

Contenu

Nombre de pages :
230
Langue:
Anglais
Collection :

Caractéristiques

EAN:
9780367729196
Date de parution :
18-12-20
Format:
Livre broché
Format numérique:
Trade paperback (VS)
Dimensions :
156 mm x 233 mm
Poids :
339 g

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