该课程有两本必读书目：

Shleifer, Andrei. Inefficient Capital Markets: An Introduction to Behavioral Finance. Oxford UP, 2000. (简称为ICM.)

Thaler, Richard. The Winner's Curse: Paradoxes and Anomalies of Economic Life. Princeton, N. J.: Princeton University Press, 1994. (简称为TWC.)

一个好的课程也是：

Kahneman, Daniel, and Amos Tversky, eds. Choices, Values and Frames. Cambridge University Press, 2000. (This book is henceforth referred to as CVF.)

剩余的阅读部分列于下面：阅读书目用星号做出了标记：

介绍

*Kahneman, D. "Maps of Bounded Rationality: Psychology for Behavioral Economics." American Economic Review (December 2003): 1449-1475.
这是 Kahneman获得诺贝尔奖的论文，请看 录象。

*Mullainathan, Sendhil, and Richard Thaler. "Behavioral Economics." MIT 经济学院的工作论文 (2000九月).(PDF)

传统阻碍观点的讨论：

*Gabaix, Xavier, and David Laibson. "Competition and Consumer Confusion." (PDF) (该文很难——没有必要全部读完.)

ICM. 第2章

*Thaler, R. "The Psychology and Economics Conference Handbook: Comments on Simon, on Einhorn and Hogarth, and on Tversky and Kahneman." J of Business 59, no. 4. Part 2 (October 1986): S279 - S284.

启发式与偏见：

Thaler, R. "Mental Accounting." In Quasi-Rational Economics. Russell Sage, 1991.

*Tversky, A., and D. Kahneman. "Judgement Under Uncertainty: Heuristics and Biases." Science 185 (1974): 1124-31.

———. "The Framing of Decisions and The Psychology of Choice." Science 211 (1981): 453-8.

风险厌恶与前景理论

*Kahneman, D., and A. Tversky. "Prospect Theory: An Analysis of Decision Under Risk." Econometrica 47, no. 2 (March 1979): 263-91.CVF. Chapter 2.

Rabin, Matthew. "Diminishing Marginal Utility Cannot Explain Risk Aversion." CVF , Chapter 11. (You can consult also: Rabin, Matthew. "Risk Aversion and Expected-Utility Theory: A Calibration Theorem." In Notes and Comments. Econometrica 68, no. 5 (September 2000): 1281-1292.)

有限理性与学习

有限理性

*Camerer, Ho, and Chong. "A Cognitive Hierarchy Theory of One-Shot Games and Experimental Analysis." Forth, QJE.

*Gabaix, Xavier, and David Laibson. "Competition and Consumer Confusion." (PDF)(该文很难——没有必要全部读完..)

*———. "Shrouded Attributes and Information Suppression in Competitive Markets." (PDF)

*Kahneman, D. "Maps of Bounded Rationality: Psychology for Behavioral Economics." American Economic Review (December 2003): 1449-1475.

TWC. Chapter 5.

TWC. Chapter 7.

学习

Erev, Ido, and Alvin Roth. "Predicting How People Play Games." American Economic Review 88, no. 4 (September 1998): 848-81.

注意

*Barber, Brad, and Terrance Odean. "All that Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors." 2003. (PDF)

DellaVigna, Stefano, and Joshua Pollet. "Attention, Demographic Changes, and the Stock Market." 2003.

Gabaix, Xavier, David Laibson, Guillermo Moloche, and Stephen Weinberg. "The Allocation of Attention: Theory and Evidence." Mimeo.

*Gabaix, Xavier, and David Laibson. "Shrouded Attributes and Information Suppression in Competitive Markets." (PDF)

决策效用与体验效用

*Gilbert, D. T., E. C. Pinel, T. D. Wilson, S. J. Blumberg, and T. P. Wheatley. "Durability Bias in Affective Forecasting." In Heuristics and Biases: The Psychology of Intuitive Judgment. Edited by T. Gilovich, D. Griffin, and D. Kahneman. Cambridge: Cambridge University Press, 2002, pp. 292-312.

*Kahneman, Daniel, et al. "Back to Bentham?" QJE 112, no. 2 (May 1997): 375-405.

Kahneman, Daniel. Experienced Utility and Objective Happiness: A Moment-Based Approach. CVF, Chapter 37.

*Frey, B., and A. Stutzer. "What Can Economists Learn from Happiness Research?" Journal of Economic Literature 40, no. 2 (2002): 402-35.

过于自信

*Weinstein. "Unrealistic Expectations About Future Life Events." Journal of Personality and Social Psychology 39 (1980): 806-820.

Malmendier, Ulrike, and Geoffrey Tate. "CEO Overconfidence and Corporate Investment." May 2003.

Time 时间折旧与自我控制

Modeling Tme Discounting and Self-control

*Akerlof, G. "Procrastination and Obedience." American Economic Review 81, no. 2 (1991): 1-19.

*Laibson, D. "Golden Eggs and Hyperbolic Discounting." QJE 112, no. 2 (May 1997): 443-77.

*O'Donoghue, Ted, and M. Rabin. "Doing It Now or Later." American Economic Review 89, no. 1 (March 1999): 103-24.

一些时间折旧方面的心理学证据

*Frederick, Shane, and G. Loewenstein, and T. O'Donoghue. "Time Discounting: A Critical Review." Forth. JEL.

应用

Angeletos, M., D. Laibson, A. Repetto, and J. Tobacman. "The Hyperbolic Buffer Stock Model: Calibration, Simulation, and Empirical Evaluation."  JEP (2002). (PDF)

*Thaler, and Bernatzi. "Save More Tomorrow: Using Behavioral Economics to Increase Employee Saving." (PDF)

行为经济学与家长式的作风：

Thaler, T., and C. Sunstein. "Libertarian Paternalism."  The American Economic Review 93, no. 2 (2003): 175-179.

公正

*Henrich, Fehr, Boyd, Bowles, Gintis, Camerer, and McElreath. "In Search of Homo Economicus: Behavioral Experiments in 15 Small-Scale Societies." American Economic Review 91 (2001): 73-78. (PDF )

Fehr, and Fischbacher. "The Nature of Human Altruism."  Nature 425 (23 October 2003): 785-791. (PDF )

 *Fehr, and Gächter. "Fairness and Retaliation: The Economics of Reciprocity." Journal of Economic Perspectives 14 (2000).

*Fehr, and Schmidt. "A Theory of Fairness, Competition and Cooperation." Quarterly Journal of Economics 114 (1999): 817-868. 

Rabin, M. "Incorporating Fairness into Game Theory and Economics." American Economic Review no. 5 (1993): 1281-1302.

神经经济学

*Camerer, Loewenstein, and Prelec. "How Neuroscience Can Inform Economics. " JEP. (Under revision.)

Sanfey, A. G., J. K. Rilling, J. A. Aronson, L. E. Nystrom, and J. D. Cohen. "The Neural Basis of Economic Decision Making in the Ultimatum Game." Science 300 (2003): 1755-1757.

行为金融学

*Barberis, Nicholas, and Richard Thaler. "A Survey of Behavioral Finance." NBER Working Paper W9222 (2002).

*ICM. Chapter 1.

投资者行为学的直接证据：

Benartzi, S., and R. Thaler. "Naive Diversification Strategies in Defined Contribution Savings Plans." American Economic Review (2001).

Barber, and Odean. "All that Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors." (PDF) See other papers.

*Odean, T. "Are Investors Reluctant to Realize Their Losses?" Journal of Finance (1998): 1775-1798. See other papers.

———. "Do Investors Trade too Much?" American Economic Review (Dec 1999): 1279-98.

套利的局限

*Inefficient Markets. Chapters 2, 3 and 4.

Lamont, and Thaler."Can the Market Add and Subtract? Mispricing in Tech Stock Carve-Outs." Journal of Political Economy (April 2003).

过度不稳定性 以及量与价运动的关系

*Gabaix, Xavier, Parameswaran Gopikrishnan, Vasiliki Plerou, and H. Eugene Stanley. "A Theory of Power Law Distributions in Financial Market Fluctuations." Nature 423 (2003): 267-70.

———. "A Theory of Large Fluctuations in Stock Market Activity." (PDF)

背景资料阅读

Gabaix, Xavier. "Zipf's Law for Cities: An Explanation." Quarterly Journal of Economics 114, no. 3 (August 1999): 739-67.

累计资产贴水

*Benartzi, S., and R. Thaler. "Myopic Loss Aversion and the Equity Premium Puzzle." QJE 110, no. 1 (February 1995): 73-92.CVF. Chapter 17.

Gabaix, Xavier, and David Laibson. "The 6D Bias and the Equity Premium Puzzle." NBER Macro Annual (2002).

收入通告与不足反应

Bernard, V. "Stock Price Reactions to Earnings Announcements: A Summary of Recent Anomalous Evidence and Possible Explanations." Chapter 11 in Advances in Behavioral Finance. Edited by Thaler. NY, Russell Sage Foundation, 1993, pp. 303-340.

实验金融学

Smith, Vernon, Gerruy Suchanek, and Arlington Williams. "Bubbles, Crashes and Endogenous Expectations in Experimental Spot Asset Markets." Econometrica 56, no. 5 (1988): 1119-1151.

泡沫与冲突

Baker, Malcolm, and Jeffrey Wurgler. "Investor Sentiment and the Cross-Section of Stock Returns." 2003.

Kindleberger. "Mania, Panics and Crashes: A History of Financial Crises." 3rd ed. Wiley, Paperback, 2000.

Shiller, R. Irrational Exuberance. Princeton U. Press, 2000.

投资者情感理论

*ICM. Chapter 5.

公司金融学

*Barker, M., and J. Wurgler. "Market Timing and Capital Structure." Journal of Finance (February 2002).

Landier, Augustin, and David Thesmar. "Contracting with Optimistic Entrepreneurs: Theory and Evidence." (PDF)

*Malmendier, Ulrike, and Geoffrey Tate. "CEO Overconfidence and Corporate Investment." May 2003.

深入的阅读

Cialdini, R. Influence, The Psychology of Persuasion. Quill, 1993. (特别简单易懂)

Camerer, Colin F., George Loewenstein, and Matthew Rabin, eds. Advances in Behavioral Economics. Princeton University Press, 2003.