Following rapid technological advancements that have taken place throughout the late
twentieth and early twenty-first centuries, this intriguing book provides a dynamic
agenda for the study of artificial intelligence (AI) within finance. Through an
in-depth consideration of the use of AI, it utilizes case study examples to
investigate AI’s effectiveness within investment and banking.
This innovative book explores how the design of financial education programmes could benefit from the findings of behavioural economics and finance and cognitive sciences. It covers the social, cultural and technological determinants of financial education, the role of the banking system in promoting financial literacy, and how governments and regulatory authorities are dealing with financial education and risk literacy programmes in schools.
Financial markets are complex. Regulators strive to predict ways in which they can malfunction and create rules to prevent this from happening, yet behavioural impacts are often overlooked. This book explores how behavioural finance can go hand-in-hand with traditional methods to help banks and regulators create better policies. It also demonstrates how the behavioural finance revolution has opened the way to a more integrated approach to the analysis of economic phenomena.