accountVictor Ricciardi. Risk: Traditional Finance Versus Behavioral Finance. HANDBOOK OF FINANCE: VOLUME 3: VALUATION, FINANCIAL MODELING, AND QUANTITATIVE TOOLS, Frank J. Fabozzi, ed., pp. 11-38, John Wiley & Sons, 2008. Within academic finance, the focal point of traditional (or standard) finance researchers involves the objective nature of risk. In contrast, behavioral finance academics provide...
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