This international bestseller, which foreshadowed a market crash, explains why it could
happen again if we don't act now. Fractal geometry is the mathematics of roughness: how to …

Abstract Justin Fox, a former Time magazine business journalist and current Editorial Editor
for the Harvard Business Review Group, started The Myth well before the current financial …

We discuss why investors are likely to be overconfident and how this behavioral bias affects
investment decisions. Our analysis suggests that investor overconfidence can generate …

We compare two competing theories of financial anomalies:“behavioral” theories built on
investor irrationality, and “rational structural uncertainty” theories built on incomplete …

A groundbreaking mathematician presents a new model for understanding financial markets
Benoit B. Mandelbrot is world-famous for inventing fractal geometry, making mathematical …

Estimation of stock price behavior is important for several reasons and for different
stakeholders in the market. Many studies are trying to put forward theories to explain this …

A bold extension of Marx's Capital for the twenty-first century: at once a critique of modern
finance and of the societies under its spell. As financial markets expand and continue to …

BOSTON UNIVERSITY LAW REVIEW protection. This Article presents an original typology of
heterogeneous investors that exposes the common regulatory fallacy of homogeneous …

Capital market theory is concerned with the equilibrium relationship between risk and
expected return on risky assets. Within this framework, this paper seeks to extend the …

Purpose This paper aims to review the theory and empirical evidence of institutional investor
behavioral biases in the lenses of behavioral finance paradigm. It surveys the research …