This interdisciplinary volume from a leading international group of scholars offers coherent sociological answers as to how and in what respects finance is 'emotional'. Chapters offer sophisticated approaches to the current financial crisis, and the antecedents in cultural variations in institutions and organisational forms.
Tuckett argues that most economists' explanations of the financial crisis miss its essence; they ignore critical components of human psychology. He offers a deeper understanding of financial market behaviour and investment processes by recognizing the role played by unconscious needs and fears in all investment activity.
This book reviews the latest research from psychology, neuroscience, and behavioral economics evaluating how people make financial choices in real-life circumstances. The volume is divided into three sections investigating financial decision making at the level of the brain, the level of an individual decision maker, and the level of the society, concluding with a discussion of the implications for further research. Among the topics discussed: Neural and hormonal bases of financial decision making Personality, cognitive abilities, emotions, and financial decisions Aging and financial decision making Coping methods for making financial choices under uncertainty Stock market crashes and market bubbles Psychological perspectives on borrowing, paying taxes, gambling, and charitable giving Psychological Perspectives on Financial Decision Making is a useful reference for researchers both in and outside of psychology, including decision-making experts, consumer psychologists, and behavioral economists.
Handbook of the Sociology of Emotions Volume II presents all new chapters in the ever developing area of the sociology of emotions. The volume is divided into two sections: Theoretical Perspectives and Social Arenas of Emotions. It reviews major sociological theories on emotions, which include evolutionary theory, identity theory, affect control theory, social exchange theory, ritual theory, and cultural theory among others. Social arenas where emotions are examined include, but are not limited to, the economy and the workplace, the family, mental health, crime, sports, technology, social movements and the field of science. All the chapters review the major theories and research in the area and each chapter ends with some discussion of directions for future research. The Sociology of Emotions is a fast growing and vital field in the broad discipline of Sociology. This volume II follows the Handbook of the Sociology of Emotions which was first published in 2006. In 2008, this first handbook received the “Outstanding Recent Contribution” in the Emotions Section of the American Sociological Association. With contributions from leading scholars from different areas in the discipline, such as neurosociology, culture, economics, mental health, gender, social movements, discussing state-of-art theory and research on emotions in sociology this volume will generate wider appeal to the sociological community.
Gathering scholars from different disciplines, this book is the first on how to study emotions using sociological, historical, linguistic, anthropological, psychological, cultural, and mixed approaches. Bringing together the emerging lines of inquiry, it lays foundations for an overdue methodological debate. The volume offers entrancing short essays, richly illustrated with examples and anecdotes, that provide basic knowledge about how to pursue emotions in texts, interviews, observations, spoken language, visuals, historical documents, and surveys. The contributors are respectful of those being researched and are mindful of the effects of their own feelings on the conclusions. The book thus touches upon the ethics of research in vivid first person accounts. Methods are notoriously difficult to teach—this collection fills the gap between dry methods books and students’ need to know more about the actual research practice.
Assesses central bank policies towards capitalist money creation and war finance against inflationary and deflationary class strengths in specific democracies.
Developing personal financial skills and improving financial literacy are fundamental aspects for managing money and propelling a bright financial future. Considering life events and risks that unexpectantly present themselves, especially in the light of recent global events, there is often an uncertainty associated with financial standings in unsettled times. It is important to have personal finance management to prepare for times of crisis, and personal finance is something to be thought about in everyday life. The incorporation of financial literacy for individuals is essential for a decision-making process that could affect their financial future. Having a keen understanding of beneficial and detrimental financial decisions, a plan for personal finances, and personalized goals are baselines for money management that will create stability and prosperity. In a world that is rapidly digitalized, there are new tools and technologies that have entered the sphere of finance as well that should be integrated into the conversation. The latest methods and models for improving financial literacy along with critical information on budgeting, saving, and managing spending are essential topics in today’s world. The Research Anthology on Personal Finance and Improving Financial Literacy provides readers with the latest research and developments in how to improve, understand, and utilize personal finance methodologies or services and obtain critical financial literacy. The chapters within this essential reference work will cover personal finance technologies, banking, investing, budgeting, saving, and the best practices and techniques for optimal money management. This book is ideally designed for business managers, financial consultants, entrepreneurs, auditors, economists, accountants, academicians, researchers, and students seeking current research on modern advancements and recent findings in personal finance.