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Cited by 1,004

The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.

A Survey of Behavioral Finance

Open access
Barberis, Nicholas, Thaler, Richard·2002·National Bureau of Economic Research
DOI 10.3386/w9222
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Abstract

Behavioral finance argues that some financial phenomena can plausibly be understood using models in which some agents are not fully rational.The field has two building blocks: limits to arbitrage, which argues that it can be difficult for rational traders to undo the dislocations caused by less rational traders; and psychology, which catalogues the kinds of deviations from full rationality we might expect to see.We discuss these two topics, and then present a number of behavioral finance applications: to the aggregate stock market, to the cross-section of average returns, to individual trading behavior, and to corporate finance.We close by assessing progress in the field and speculating about its future course.

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Metadata

Authors
Barberis, N., & Thaler, R.
Venue
National Bureau of Economic Research
Publisher
National Bureau of Economic Research
Published
2002-09
DOI
10.3386/w9222
OpenAlex
W4206439541
Cited by
1,004
References
3
Type
report
Language
en
Open access
green

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CoChat. (2026). Citation check: A Survey of Behavioral Finance. https://app.cochat.ai/papers/10.3386/w9222
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Barberis, N., & Thaler, R. (2002). A Survey of Behavioral Finance. National Bureau of Economic Research. https://doi.org/10.3386/w9222

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.