The Knowing Problem References

References

The framework in this book draws on several decades of research in behavioral economics, cognitive psychology, and market microstructure. These are the primary sources referenced throughout the text.

Prospect Theory & Loss Aversion

  • Kahneman, Daniel & Tversky, Amos

    Prospect Theory: An Analysis of Decision under Risk

    Econometrica, 1979

  • Kahneman, Daniel

    Thinking, Fast and Slow

    Farrar, Straus and Giroux, 2011

  • Thaler, Richard

    Misbehaving: The Making of Behavioral Economics

    W. W. Norton & Company, 2015

Investor Behavior & The Disposition Effect

  • Odean, Terrance

    Are Investors Reluctant to Realize Their Losses?

    The Journal of Finance, 1998

  • Barber, Brad M. & Odean, Terrance

    Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors

    The Journal of Finance, 2000

  • Barber, Brad M. & Odean, Terrance

    Boys Will Be Boys: Gender, Overconfidence, and Common Stock Investment

    The Quarterly Journal of Economics, 2001

  • Shefrin, Hersh & Statman, Meir

    The Disposition to Sell Winners Too Early and Ride Losers Too Long: Theory and Evidence

    The Journal of Finance, 1985

Overconfidence & Calibration

  • Fischhoff, Baruch, Slovic, Paul & Lichtenstein, Sarah

    Knowing with Certainty: The Appropriateness of Extreme Confidence

    Journal of Experimental Psychology: Human Perception and Performance, 1977

  • Moore, Don A. & Healy, Paul J.

    The Trouble with Overconfidence

    Psychological Review, 2008

Confirmation Bias & Motivated Reasoning

  • Nickerson, Raymond S.

    Confirmation Bias: A Ubiquitous Phenomenon in Many Guises

    Review of General Psychology, 1998

  • Kunda, Ziva

    The Case for Motivated Reasoning

    Psychological Bulletin, 1990

Anchoring

  • Tversky, Amos & Kahneman, Daniel

    Judgment under Uncertainty: Heuristics and Biases

    Science, 1974

  • Furnham, Adrian & Boo, Hua Chu

    A Literature Review of the Anchoring Effect

    The Journal of Socio-Economics, 2011

Herding & Social Influence

  • Shiller, Robert J.

    Irrational Exuberance

    Princeton University Press, 2000 (3rd edition 2015)

  • Bikhchandani, Sushil, Hirshleifer, David & Welch, Ivo

    A Theory of Fads, Fashion, Custom, and Cultural Change as Informational Cascades

    Journal of Political Economy, 1992

Willpower & Self-Control

  • Baumeister, Roy F. & Tierney, John

    Willpower: Rediscovering the Greatest Human Strength

    Penguin Press, 2011

  • Inzlicht, Michael & Schmeichel, Brandon J.

    What Is Ego Depletion? Toward a Mechanistic Revision of the Resource Model of Self-Control

    Perspectives on Psychological Science, 2012

Introspection & Self-Knowledge

  • Nisbett, Richard E. & Wilson, Timothy D.

    Telling More Than We Can Know: Verbal Reports on Mental Processes

    Psychological Review, 1977

  • Wilson, Timothy D.

    Strangers to Ourselves: Discovering the Adaptive Unconscious

    Belknap Press, 2002

Habits & Behavior Change

  • Duhigg, Charles

    The Power of Habit: Why We Do What We Do in Life and Business

    Random House, 2012

  • Wood, Wendy & Rünger, Dennis

    Psychology of Habit

    Annual Review of Psychology, 2016, 67, 289-314

Pre-Commitment & Choice Architecture

  • Thaler, Richard H. & Sunstein, Cass R.

    Nudge: Improving Decisions About Health, Wealth, and Happiness

    Yale University Press, 2008

  • Ariely, Dan & Wertenbroch, Klaus

    Procrastination, Deadlines, and Performance: Self-Control by Precommitment

    Psychological Science, 2002