Glossary

Glossary

Term Book Chapter Definition
Behavioral Finance Behavioral Finance Introduction A sub-field of finance that proposes psychology-based theories to explain market anomalies. It seeks to understand why people make irrational financial decisions and how these decisions influence financial markets. It incorporates insights from psychology
Behavioral Finance Certified Financial Planner (CFP) Exam Chapter 8: Client Communication and Behavior A field of study that combines psychology and economics to understand how individuals make financial decisions. It helps Certified Financial Planners identify and mitigate the impact of irrational financial behaviors in their clients.