Universität Wien

040018 KU Advanced BA/CF/FM: Behavioural Finance (MA) (2021S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Prüfungsimmanente Lehrveranstaltung
DIGITAL
Moodle

An/Abmeldung

Hinweis: Ihr Anmeldezeitpunkt innerhalb der Frist hat keine Auswirkungen auf die Platzvergabe (kein "first come, first served").

Details

max. 50 Teilnehmer*innen
Sprache: Englisch

Lehrende

Termine (iCal) - nächster Termin ist mit N markiert

Attending the first meeting is mandatory.

  • Montag 01.03. 09:45 - 11:15 Digital
  • Montag 08.03. 09:45 - 11:15 Digital
  • Montag 15.03. 09:45 - 11:15 Digital
  • Montag 22.03. 09:45 - 11:15 Digital
  • Montag 12.04. 09:45 - 11:15 Digital
  • Montag 19.04. 09:45 - 11:15 Digital
  • Montag 26.04. 09:45 - 11:15 Digital
  • Montag 03.05. 09:45 - 11:15 Digital
  • Montag 10.05. 09:45 - 11:15 Digital
  • Montag 17.05. 09:45 - 11:15 Digital
  • Montag 31.05. 09:45 - 11:15 Digital
  • Montag 07.06. 09:45 - 11:15 Digital
  • Montag 14.06. 09:45 - 11:15 Digital
  • Montag 21.06. 09:45 - 11:15 Digital
  • Montag 28.06. 09:45 - 11:15 Digital

Information

Ziele, Inhalte und Methode der Lehrveranstaltung

Traditionally, financial economics assumes that investors and other market participants are perfectly rational. While this is a useful benchmark, a number of systematic biases and phenomena in people's behavior call for deeper analysis. The goal of this course is to discuss how these behavioral patterns affect financial markets and investors' decisions. This also allows to understand better, what rationality actually means.This also allows to understand better, what "rationality" actually means. context of rationality and risk.

We will start with describing the most relevant deviations (such as overconfidence, loss aversion and others), and we will continue with various financial applications. We will talk about bubbles, herding, implications for corporate decisions and investors' behavior.

Topics of the courses:
1. Psychological Biases
2. Limits to Arbitrage, Market Efficiency
3. Bubbles
4. Herding
5. Aggregate stock market
6. Investor Behavior
7. Behavioral Corporate Finance

Art der Leistungskontrolle und erlaubte Hilfsmittel

Exercises (25 points) , quizzes and participation (25 points) and final exam (50 points).

Mindestanforderungen und Beurteilungsmaßstab

50 points in total are required to pass the course.
60 points are required for grade 3, 70 points for grade 2 and 80 points for grade 1.

Prüfungsstoff

Topics of the courses:
1. Psychological Biases
2. Limits to Arbitrage, Market Efficiency
3. Bubbles
4. Herding
5. Aggregate stock market
6. Investor Behavior
7. Behavioral Corporate Finance

Literatur

Available in Moodle to course participants.

Zuordnung im Vorlesungsverzeichnis

Letzte Änderung: Fr 12.05.2023 00:12