Behavioral Finance : Theory and Application

This textbook examines the role of cognitive biases, emotional influences, and mental heuristics that shape investor behaviour and market outcomes.Designed to serve as a comprehensive resource, it integrates foundational concepts and advanced applications, ensuring utility for financial practitioners, academics, and students alike. This book will be essential for understanding the psychological underpinnings of financial behaviour and leveraging this knowledge to advance personal and professional objectives in finance.The integration of behaviour tests and experiments further enhances its utility, enabling practitioners to identify and address behavioural biases systematically.It fills a critical gap in existing literature, which often prioritises perspectives rooted in developed economies.It aims to place behavioural finance within the context of these markets and offers insights that are both domestically relevant and globally informed. Written in a lucid yet academically robust mann