A Wealth of Well-Being

A Holistic Approach to Behavioral Finance

Omschrijving

A Wealth of Well-Being: A Holistic Approach to Behavioral Finance explores how financial well-being can lead to life well-being through the third generation of behavioral finance, which broadens the lens of finance to see people as whole persons and show them in life well-being domains beyond finances, including family, friends, health, work, education, religion, and society. This book is unique in combining the scientific findings by scholars in finance, economics, law, medicine, psychology, and sociology with real-life stories that provide insights beyond adding color to otherwise dry scientific findings. It provides the underpinnings of the practice of financial well-being, addressing the relationship of day-to-day life to finances. Moving on from standard finance, which describes people as rational, the first generation of behavioral finance describes people as irrational, the second generation of behavioral finance describes people as normal, while the third generation of behavioral finance also describes people as normal, but broadens its lens to see people as whole persons. It focuses on well-being as people's primary want, clarifying tradeoffs within and between each life domain. For financial advisors, financial planners, and investors, A Wealth of Well-Being: A Holistic Approach to Behavioral Finance is an important guidebook to the third generation of behavioral finance, ensuring that finances are integrated into lifestyle to achieve both financial and life well-being.
€ 34,55
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€ 19,95 binnen Nederland
Schrijver
Statman, Meir (Santa Clara University
Titel
A Wealth of Well-Being
Uitgever
John Wiley & Sons Inc
Jaar
2024
Taal
Engels
Pagina's
416
Gewicht
750 gr
EAN
9781394249671
Afmetingen
159 x 237 x 32 mm
Bindwijze
Gebonden

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