Equity Home Bias in International Finance

A Place-Attachment Perspective

Kavous Ardalan author

Format:Paperback

Publisher:Taylor & Francis Ltd

Published:18th Dec '20

Currently unavailable, and unfortunately no date known when it will be back

This paperback is available in another edition too:

Equity Home Bias in International Finance cover

This book provides a comprehensive and critical analysis of research outcomes on the equity home bias puzzle – that people overinvest in domestic stocks relative to the theoretically optimal investment portfolio. It introduces place attachment – the bonding that occurs between individuals and their meaningful environments – as a new explanation for equity home bias, and presents a philosophically multi-paradigmatic view of place attachment.

For the first time, a comprehensive and up-to-date review of the extant literature is provided, demonstrating that place attachment is a contributing factor to 22 different topics in which variations of home bias are present. The author also analyses the social-psychological underpinnings of place attachment, and considers the effect of multi-culturalism on the future of equity home bias.

The book’s unique approach discusses the issues in conceptual terms rather than through data and statistical methods. This multi- and inter-disciplinary book is an invaluable resource for graduate students and researchers interested in economics, finance, philosophy, and/or methodology, introducing them to a new line of research.

ISBN: 9780367729196

Dimensions: unknown

Weight: 450g

230 pages