Proximity Bias in Investors' Portfolio Choice

by Taylan Mavruk, Stefan Sjogren, Ted Lindblom, et al.

Book Overview

This book helps readers understand the widely documented distortion in the portfolio choice of individual investors toward proximate firms - the proximity bias phenomenon. First, it recapitulates the fundamentals of modern portfolio theory. It then goes on to describe and demonstrate different approaches on how to measure proximity bias and identifies and examines potential motives and reasons for such a bias. In addition, the book presents new...

• Format: Hardcover
• Language: English
• ISBN: 3319547615
• ISBN13: 9783319547619
• Release Date: August 2017
• Publisher: Palgrave MacMillan
• Length: 291 Pages
• Weight: 1.13 lbs.
• Dimensions: 0.7" x 5.8" x 8.3"