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Neurofinance

Elise Payzan-LeNestour

Chapter 4 in Handbook of Financial Decision Making, 2023, pp 91-110 from Edward Elgar Publishing

Abstract: A nascent field combining theory and methodology from neuroscience and finance, neurofinance takes what we know at the neurobiological level and applies it to investor decision-making. It aims to propose new theories about investor behavior and to test existing theories that are difficult to test with behavioral data alone but can however be tested with a combination of behavioral and neural data. The path taken in recent research has uncovered neurobiological foundations for well-known anomalies in investor behavior, revealing enticing opportunities for improving investor decision-making in the future.

Keywords: Business and Management; Economics and Finance (search for similar items in EconPapers)
Date: 2023
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