Universität Wien

040013 VK KFK CF/FM: Behavioural Finance (2014S)

8.00 ECTS (4.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 200 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Tuesday 04.03. 09:00 - 10:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 04.03. 10:15 - 12:15 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 11.03. 09:00 - 10:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 11.03. 10:30 - 12:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 18.03. 09:00 - 10:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 18.03. 10:30 - 12:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 25.03. 09:00 - 10:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 25.03. 10:30 - 12:15 Hörsaal 5 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 01.04. 09:00 - 10:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 01.04. 10:30 - 12:15 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 08.04. 09:00 - 10:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 08.04. 10:30 - 12:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 29.04. 08:00 - 11:00 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 06.05. 09:00 - 10:30 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Tuesday 06.05. 10:30 - 12:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 13.05. 09:00 - 12:15 Hörsaal 3 Oskar-Morgenstern-Platz 1 Erdgeschoß
  • Tuesday 20.05. 09:00 - 12:15 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 27.05. 09:00 - 12:15 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 03.06. 09:00 - 12:15 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 17.06. 09:00 - 12:15 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Tuesday 24.06. 09:00 - 12:15 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

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

Assessment and permitted materials

The grade will be based on the midterm and the final exam. A fraction can be also allocated to the homework exercises and class participation.

Minimum requirements and assessment criteria

Traditionally, Financial Economics assumes that investors and other market participants are perfectly rational. While this is a good first approximation, we currently know there are a number of systematic biases in people’s behavior. The goal of this course is to discuss how these biases affect financial markets and investors’ decisions. 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.

Examination topics

Reading list


Association in the course directory

Last modified: Mo 07.09.2020 15:28