Equity Home Bias in International Finance A Place-Attachment Perspective

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Equity Home Bias in International Finance A Place-Attachment Perspective

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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.画面が切り替わりますので、しばらくお待ち下さい。
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本・雑誌・コミック » 洋書 » BUSINESS & SELF-CULTURE
economics invaluable statistical investment finance