A Wealth of Well-Being: A Holistic Approach to Behavioral Finance
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In A Wealth of Well-Being: A Holistic Approach to Behavioral Finance, Professor Meir Statman, established thought leader in behavioral finance, explores how life well-being, the overarching aim of individuals in the third generation of behavioral finance, is underpinned by financial well-being, and how life well-being extends beyond financial well-being to family, friendship, religion, health, work, and education.
Combining recent scientific findings by scholars in finance, economics, law, medicine, psychology, and sociology with real-life stories at the intersection of finances and life, this book allows readers to clearly see how finances are intertwined with life well-being. In this book, readers will learn:
- How dating, marriage, widowhood, and divorce are all affected by finances and affect them
- Why the relationship between parents, grandparents, children, and friends changes as finances fluctuate
- How finances affect choices of education, such as colleges, and how these choices vary across different cultures around the world
A Wealth of Well-Being: A Holistic Approach to Behavioral Finance earns a well-deserved spot in the libraries of financial advisors, financial planners, investors, and all individuals looking to move beyond standard finance and enhance both financial well-being and life well-being.
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MEIR STATMAN is the Glenn Klimek Professor of Finance at Santa Clara University. He attempts to understand how investors and managers make financial decisions and how these decisions are reflected in financial markets. Meir’s research has been published in the Journal of Finance and many other journals.
