Suggested Readings

Papers

All that Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors
Barber, Brad M., and Terrance Odean
EFA 2005 Moscow Meetings Paper
November 2006

Boys will be boys: gender, overconfidence, and common stock investment
Barber, Brad M., and Terrance Odean
Quarterly Journal of Economics
116.1 (2001): 261-92

Once Burned, Twice Shy: How Naïve Learning and Counterfactuals Affect the Repurchase of Stocks Previously Sold
Odean, Terrance, Michel Strahilevitz, and Brad M. Barber
September 2004

Do Day Traders Make Money? Evidence from Taiwan
Barber, Brad M., Yi-Tsung Lee, and Terrence Odean
May 2004

The Disposition Effect and Momentum
Grinblatt, Mark, and Bing Han
NBER Working Paper No. W8734
January 2002

The Tyranny of Choice
Schwartz, Barry
The Chronicle of Higher Education
January 23, 2004: B6

Just How Much Do Individual Investors Lose by Trading?
Barber, Brad M., Yi-Tsung Lee, Yu-Jane Liu and Terrance Odean
AFA 2006 Boston Meetings Paper
October 2006

The Role of Social Context in Investing
Mauboussin, Mike
CSFB Research Paper
January 13, 2004

Individual Preferences, Monetary Gambles, and Stock Market Participation: A Case for Narrow Framing
Barberis, Nicholas, Ming Huang, and Richard H Thaler
American Economic Review
September 2006

A Survey of Behavioral Finance
Barberis, Nicholas, and Richard H. Thaler
September 2002

Articles

Mind over money: Behavioral research may explain why people spend and save the way they do
Gavin, Robert
Boston Globe
December 19, 2005
Story describes purpose and vision of the newly created behavioral economics center, at the Boston Federal Reserve Bank.

Mind Games: What neuroeconomics tells us about money and the brain.
Cassidy, John
New Yorker
September 18, 2006

Lessons From The Brain-Damaged Investor
Spencer, Jane
Wall Street Journal
July 21, 2005

The Testosterone Factor in Mutual Funds
Hulbert, Mark
New York Times
January 29, 2006, late ed., sec 3: 5

The Futile Pursuit of Happiness
Gertner, Jon
New York Times
September 7, 2003

Thought for thinkers: 'Follow your gut'
Cook, Gareth
Boston Globe
February 17, 2006

Books

Advances in Behavioral Economics
Camerer, Colin F., George Loewenstein, and Matthew Rabin, eds.
New Jersey: Princeton UP, 2003

Advances in Behavioral Finance, Vol. 2
Thaler, Richard H., ed.
New York: Russell Sage, 2005

Choice, Values, and Frames
Kahneman, Daniel, and Amos Tversky, eds.
New York: Cambridge UP, 2000

Famous First Bubbles: The Fundamentals of Early Manias
Garber, Peter M.
Cambridge: MIT, 2000

Judgment Under Uncertainty: Heuristics and Biases
Kahneman, Daniel, Paul Slovic, and Amos Tversky, eds.
New York: Cambridge UP, 1982

How Customers Think: Essential Insights into the Mind of the Market
Zaltman, Gerald
Boston: Harvard Business School, 2003

Heuristics and Biases: The Psychology of Intuitive Judgment
Gilovich, Thomas, Dale Griffin, and Daniel Kahneman, eds.
New York: Cambridge UP, 2002

Rational Choice in an Uncertain World: The Psychology of Judgment and Decision Making
Hastie, Reid, and Robyn M. Dawes
Thousand Oaks, California: Sage, 2001

Social Psychology and Economics, 1st ed.
Cremer, David D., Marcel Zeelenberg, and J. Keith Murnighan, eds.
Mahwah, New Jersey: Lawrence Erlbaum, 2006

Journals

Journal of Behavioral Decision Making
Scholarly / academic journal covering research in psychology, management science, sociology, political science and economics (published in UK 5 times per year).

Journal of Behavioral Finance
Scholarly / academic journal addressing the implications of current research on individual and group emotion, cognition, and action related to individual behavior in the context of financial markets, on the part of both persons in the field and investors (published in US 4 times per year).