BF Group Terms and Conditions / Use Policy 

(Feb.2005 - updated Oct. 2005)

(only physical presentation changes since then)

Return to befigroup


The Behavioral-Finance Group / forum is a community that values its members. It is tolerance,
and mutual respect, that embodies this community and makes us proud to be members.

Membership in this group is available to all on an equitable basis, regardless of the origin,
age, background, or views. The ethos of this group is that all members should have free
access in an atmosphere of intellectual freedom and free inquiry.

Much of the early history of BF is a case study in the difficulty of presenting different points of
view about economics and finance current and historical issues. Legitimate research should
not be proscribed because of partisan or doctrinal disapproval.

Threads in this group should be for the interest, information, and enlightenment of all
regardless of the beliefs or affiliations of those contributing to their creation.

The Terms and Conditions should be understood as a balanced attempt at


This is a moderated group whose purpose is 

    to support the growing community of researchers and practitioners interested in
Behavioural Finance / Behavioural Economics. 

    also, to help the general public have a better knowledge of the findings and
implications of that expanding field of knowledge

All individuals who are interested are welcome.

All posting must be in English. Please note that many members of the group, including the
owner and two of the moderators, have a native language other than English.


It is expected that posts will be in some way related to the above-stated purpose of the

See also the indicative topics stated in in the home page of the
Behavioral-Finance Group / forum
and furthered detailed in the befigroup page

You agree, through your membership in the group, not to post

    any material which is false, defamatory, abusive, vulgar, hateful, harassing, obscene,
profane, threatening, invasive of a person's privacy, and / or in violation of the law.

    any copyrighted material unless the copyright is owned by you or you have written
consent from the owner of the copyrighted material. 

Anyone who joins the group and, in the opinion of the owner or moderators, causes
intentional disharmony, harm or disruption, may have their membership removed.
Trolls are not tolerated.

Spam (*), flooding, advertisements, chain letters, pyramid schemes; and solicitations are
also inappropriate to this group and not tolerated.

(*) Of course, we are open to occasional presentations of works, tools or data sources
that are directly BF-related and worthy of interest for the group.

Spamming and trolling are the kind of conduct that we consider unreasonable and which
is likely to result in removal of your membership. In such a situation, we will investigate and if
we judge a breach of the conditions has occurred we will either:

1. Explain the breach and warn the offender that if they breach the conditions again,
    they will be removed.
We only take this option once.

2. Remove the offender immediately.

3. Remove the offender immediately and take whatever other action that may be

Standard netiquette in newsgroups is to include in the header 'OT' (Off Topic) if a new post
is not Clearly and Directly about the group's purpose and the author believes it to be relevant
and of interest to members.

Don't Abuse This! We have no respect or time for spammers or trolls who think they are
being slick!

We all want to be able to trust each others' word here and give the benefit of the doubt.
Posters who are considered to be gaming the system are not welcome and may be

Content / Copyright

Content breaching the guidance of fair use of copyrighted materials or attribution to authors
of material in the public domain will be subject to removal by the owner or moderators.
Content which is considered to place this group, their owner or members at risk of legal
action will be removed and we reserve the right to take appropriate steps for anything that
we suspect is illegal.

Please don't post excessive material from websites, newspapers or other forums or groups;
this is annoying and may violate copyright laws. Please post a link and an explanation
One paragraph is generally considered reasonable but must be accompanied by a related
link. Material considered a breach of copyright will be removed. Links to other groups or
forum sites may be posted if they are relevant to the topic of this group and the subject
being discussed.


All moderation activity will be conducted in a good faith manner. Appeals against moderation
or membership decisions may be made by email to the list owner.


It is impossible for us to confirm the validity of posts on this group. We do not actively
moderate messages and are not responsible for their content. We do not warrant the
accuracy, completeness or usefulness of any information presented. The messages
express the views of the author, not necessarily the views of this group.

Anyone who feels that a post is objectionable is encouraged to notify a moderator.
The owner and moderators have the right to remove objectionable posts, within a
reasonable time frame, if we determine that removal is necessary. This is a manual
process so removal or edit of particular posts may not occur immediately.

Members remain solely responsible for the content of posted messages. We at this
group reserve the right to report suspected or known fraud or libel and to cooperate
fully in the event of a complaint or law enforcement or legal action arising from any
content posted.

By using the group you are agreeing to the Terms and Conditions above.

Thank you.

See also (Yahoo groups rules)

Basic Netiquette in this group:

Members can and do argue, often agreeing or disagreeing strongly with other members'
views. We are proud of this. Just please show respect and courtesy towards others in
the group. Remember, it's OK to agree to disagree. The idea is to try to keep the
conversation constructive. We're all here to learn.

Please respect the authority of the moderators. Keep in mind that much of their work
happens behind the scenes so just because you haven't seen a comment or warning
posted about someone's behaviour doesn't mean that the issue isn't being addressed!
We also reserve the right to moderate or remove anyone who fails to observe the rules
of the group.

Please do not advertise sites, groups, mailing lists, or forums here without first asking
the owner or moderators for explicit permission.

Briefly, this is the spirit in which the rules in the Terms and Conditions are written in:

Simply put, as a member of this group you agree to behave in a reasonable and
responsible manner. The owner and moderators act in good faith and we try to be fair
and reasonable and we ask the same of you. We are really Not interested in being
Net cops.

Other practical recommendations (drawn mostly from Martin Sewell's generic mailing
list charter:



    A good rule of thumb:  Be conservative in what you send and liberal in what you receive.
You should not send heated messages (we call these "flames") even if you are provoked.
On the other hand, you shouldn't be surprised if you get flamed and it's prudent not to
respond to flames.

    Don't get involved in flame wars.  Neither post nor respond to incendiary material

    If you are caught in an argument, keep the discussion focused on issues rather than the
personalities involved.

    If you should find yourself in a disagreement with one person, make your responses to each
other via mail rather than continue to send messages to the list or the group.  If you are
debating a point on which the group might have some interest, you may summarise for
them later.

     Wait overnight to send emotional responses to messages.  If you have really strong feelings
about a subject, indicate it via FLAME ON/OFF enclosures.  For example:


This type of argument is not worth the bandwidth it takes to send it. 
It's illogical and poorly reasoned.  The rest of the world agrees with me.


Requests for help


    Never send chain letters via electronic mail.  Chain letters are forbidden on the Internet.
Your network privileges will be revoked.  Notify your local system administrator if your ever
receive one.

    The cost of delivering an e-mail message is, on the average, paid about equally by the
sender and the recipient (or their organisations).  This is unlike other media such as
physical mail, telephone, TV, or radio.
Sending someone mail may also cost them in other specific ways like network bandwidth,
disk space or CPU usage.
This is a fundamental economic reason why unsolicited e-mail advertising is unwelcome
(and is forbidden in many contexts).

     Don't send large amounts of unsolicited information to people.

     Forgeries and spoofing are not approved behavior.

     Just as mail (today) may not be private, mail are (today) subject to forgery and spoofing of
various degrees of detectability.  Apply common sense "reality checks" before assuming a
message is valid.

     Sexually and racially harassing messages may have legal implications.  There is software
available to filter items you might find objectionable.

General Guidelines

    Read the list for one to two months before you post anything. 
This helps you to get an understanding of the culture of the group.

    Do not blame the system administrator for the behavior of the system users.

    Consider that a large audience will see your posts. That may include your present or your
next boss.  
Take care in what you write. Remember too, that mailing lists are frequently archived, and
that your words may be stored for a very long time in a place to which many people have

    Assume that individuals speak for themselves, and what they say does not represent their
organisation (unless stated explicitly).

    Remember that mail takes system resources.  Pay attention to any specific rules covering
their uses your organisation may have.

    Delivery receipts, non-delivery notices, and vacation programs are neither totally standardised
nor totally reliable across the range of systems connected to Internet mail.  They are invasive
when sent to mailing lists, and some people consider delivery receipts an invasion of privacy. 
In short, do not use them.

    In general, it's not possible to retrieve messages once you sent them.  Even your system
administrator will not be able to get a message back once you have sent it.  This means you
must make sure you really want the message to go as you wrote it.


Return to befigroup