Behavioral Risk Management

This original book takes psychological research, experimental economics, and recent business scenarios to provide both students and practitioners with the insights to develop a strong risk management strategy. Shefrin draws on his previous research into characterizing organizational culture through the perspective of a process-pitfall lens.

Hersh Shefrin is the Mario L. Belotti Professor of Finance at Santa Clara University. In 2009, his behavioural finance book Beyond Greed and Fear was recognized by J.P. Morgan Chase as one of the top ten books published since 2000. His work with Meir Statman received the William Sharpe Award Best Paper Award for the article Behavioral Portfolio Theory, published in the Journal of Financial and Quantitative Analysis, and a Graham and Dodd scroll from the Association of Investment Management Research. He is currently teaching a full-length professional development course for executives in behavioural risk management at NYU and the Amsterdam Institute of Finance.