Economic Psychology

Economic Psychology
Author: Rob Ranyard
Publisher: John Wiley & Sons
Total Pages: 651
Release: 2017-06-22
Genre: Business & Economics
ISBN: 1118926390

A comprehensive overview of contemporary economic psychology Economic Psychology presents an accessible overview of contemporary economic psychology. The science of economic mental life and behavior is increasingly relevant as people are expected to take more responsibility for their household and personal economic decisions. The text will, in addition to reviewing current knowledge on each topic presented, consider the practical and policy implications for supporting economic decision making. Economic Psychology examines the central aspects of adult decision making in everyday life and includes the theories of economic decision making based on risk, value and affect, and theories of intertemporal choice. The text reviews the nature and behavioral consequences of economic mental representations about such things as material possessions, money and the economy. The editor Robert Ranyard—a noted expert on economic psychology—presents a life-span developmental approach, from childhood to old age. He also reviews the important societal issues such as charitable giving and economic sustainability. This vital resource: Reviews the economic psychology in everyday life including financial behaviour such as saving and tax-paying and matters such as entrepreneurial activity Offers an introduction to the field and traces the emergence of the discipline, from Adam Smith to George Katona and Herbert Simon Includes information on societal issues such as charitable giving and pro-environmental behaviour Considers broader perspectives on economic psychology: life-span psychological development from childhood to old age Written for students of psychology, Economic Psychology reviews the most important information on contemporary economic psychology with a focus on individual and household economic decision making, ranging widely across financial matters such as borrowing and saving, and economic activities such as buying, trading, and working.

Accounting, Evaluation and Economic Behavior

Accounting, Evaluation and Economic Behavior
Author: Raymond J. Chambers
Publisher: Sydney University Press
Total Pages: 464
Release: 2006
Genre: Business & Economics
ISBN: 1920898298

During the 1960s and 1970s a remarkable series of books was produced by academic staff in the field of accounting at the University of Sydney. It was a period when academic research was largely analytical rather than empirically-based. For the most part, the interests of academics at Sydney were largely directed at questioning the status quo - either in the way accounting or auditing was practiced, or in the conventional wisdom expressed in textbooks of the time. The Sydney Accounting Classics series reflects the diversity of interests of the 'Sydney school' at that time. It also recognises the tremendous impact of the foundation professor of accounting, R.J. Chambers. This reprint series ensures that the ideas developed during this period remain available to new generations of scholars and researchers. The Sydney Accounting Classics series is an initiative of the Accounting Foundation, in association with Sydney University Press. Accounting Evaluation and Economic Behavior: This book has been referred to as Chambers' magnum opus, a meticulously researched and argued work describing a framework for accounting practice. This reprint edition opens the way for a new generation of researchers and scholars to read Chambers' work.

International Perspectives on Accounting and Corporate Behavior

International Perspectives on Accounting and Corporate Behavior
Author: Kunio Ito
Publisher: Springer
Total Pages: 337
Release: 2014-07-08
Genre: Business & Economics
ISBN: 4431547924

Despite the globalization of accounting standards occurring through convergence to International Financial Reporting Standards, local accounting systems are deeply intertwined with each country’s unique institutions such as its corporate system, disclosure practices and enforcement mechanisms. First, this book empirically analyzes the effects of globalization and localization of accounting rules on corporate behavior such as earnings management, signaling, investment behavior and dividend payout policy. Second, the book unravels the economic consequences of disclosure based on the concept of self-disciplining enforcement such as management forecasts, environmental disclosures and risk disclosures by Japanese firms. This volume is a step forward in understanding the link between accounting and corporate behavior based on a new institutional accounting approach.

Behavioral Accounting Vs. Behavioral Finance

Behavioral Accounting Vs. Behavioral Finance
Author: Robert Breitkreuz
Publisher: GRIN Verlag
Total Pages: 61
Release: 2009-06-30
Genre: Business & Economics
ISBN: 3640360656

Scientific Essay from the year 2008 in the subject Business economics - Investment and Finance, University of St. Gallen (Institut für Accounting, Controlling und Auditing), language: English, abstract: An economic theory which is not incorporating human behavior is not imaginable. For reasons of simplification economic models traditionally use the concept of a rational acting market participant. In order to face the inadequateness of this abstraction behavioral economic science reject the assumption of the homo economicus and adds various findings from supporting disciplines as psychology, sociology, and organizational theory. While the exploration of human behavior in finance theory has a long tradition, research in the area of psychological effects in accounting started not earlier than the mid of last century. The main intention of modern financial reporting is the supply of useful information for actual and potential investors within their decision-making process. As information processing of agents on the market for equity is part of finance theory, this is the meeting point of the two disciplines. The intention of this paper is to identify overlapping contents of behavioral research in finance and accounting. For clarification selected studies from Behavioral Finance Research (BFR) and Behavioral Accounting Research (BAR) literature will be presented and comparatively analyzed. In addition varying fields of research of both schools which are not related with each other were outlined.

Contemporary Issues in Behavioral Finance

Contemporary Issues in Behavioral Finance
Author: Simon Grima
Publisher: Emerald Group Publishing
Total Pages: 314
Release: 2019-07-04
Genre: Business & Economics
ISBN: 1787698815

This special edition of Contemporary Studies in Economic and Financial Analysis offers seventeen chapters from invited participants in the International Applied Social Science Congress, held in Turkey between the 19th and 21st April 2018.

Nudging in Management Accounting

Nudging in Management Accounting
Author: Susanne Rauscher
Publisher: Springer Nature
Total Pages: 130
Release: 2019-10-16
Genre: Business & Economics
ISBN: 3658280174

Susanne Rauscher and Annika Zielke provide an in-depth analysis of the relevance of nudging as a potential solution approach for behavioral issues within the area of Management Accounting. It challenges whether learnings from already successful applications of nudging especially in the social and political context can be transferred to the corporate environment of management accounting. This study contributes to the increasing interest in behavioral economics in the corporate context. Its findings have the potential to impact both academic research and practitioners’ work.

Advances in Accounting Behavioral Research

Advances in Accounting Behavioral Research
Author: Khondkar E. Karim
Publisher: Emerald Group Publishing
Total Pages: 200
Release: 2021-01-20
Genre: Business & Economics
ISBN: 1800710127

Advances in Accounting Behavioral Research promotes research across all areas of accounting, incorporating theory from, and contributing knowledge to, the fields of applied psychology, sociology, management science, ethics and economics.

Uncertainty and Challenges in Contemporary Economic Behaviour

Uncertainty and Challenges in Contemporary Economic Behaviour
Author: Ercan Özen
Publisher: Emerald Group Publishing
Total Pages: 235
Release: 2020-09-25
Genre: Business & Economics
ISBN: 1800430973

Every day presents new challenges as the face of global economics changes. In this first book in the Emerald Studies in Finance, Insurance, and Risk Management, expert editors and contributors come together to discuss global response to new uncertainty and challenges.

The Financial Consequences of Behavioural Biases

The Financial Consequences of Behavioural Biases
Author: Imad A. Moosa
Publisher: Springer
Total Pages: 184
Release: 2017-10-25
Genre: Business & Economics
ISBN: 3319693891

This book provides a concise analysis of behavioural biases and their implications for financial decision making. The book is written in the normative tradition, arguing strongly for the superiority of behavioural finance with respect to explaining observed phenomena in financial markets. It offers some unique features, including a discussion of the issue of conspiracy theory and how behavioural biases lead to belief in conspiracy theories. Lingering belief in the principles of neoclassical finance is attributed in part to the doctrine of publish or perish, which dominates contemporary academia. The offshoots of behavioural finance are discussed in detail, including ecological finance, environmental finance, social finance, experimental finance, neurofinance, and emotional finance. A comprehensive discussion of narcissism is presented where it is demonstrated that narcissistic behaviour is prevalent in the finance industry and that it led to the eruption of the global financial crisis.