Universität Wien
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040013 EK KFK CF/FM: Behavioural Finance (2013S)

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 05.03. 11:00 - 12:30 Hörsaal 3
  • Thursday 07.03. 11:30 - 13:00 Hörsaal 8
  • Tuesday 12.03. 11:00 - 12:30 Hörsaal 3
  • Thursday 14.03. 11:30 - 13:00 Hörsaal 8
  • Tuesday 19.03. 11:00 - 12:30 Hörsaal 3
  • Thursday 21.03. 11:30 - 13:00 Hörsaal 8
  • Tuesday 09.04. 11:00 - 12:30 Hörsaal 3
  • Thursday 11.04. 11:30 - 13:00 Hörsaal 8
  • Tuesday 16.04. 11:00 - 12:30 Hörsaal 3
  • Thursday 18.04. 11:30 - 14:00 Hörsaal 8
  • Tuesday 23.04. 11:00 - 12:30 Hörsaal 3
  • Thursday 25.04. 11:30 - 13:00 Hörsaal 8
  • Tuesday 30.04. 11:00 - 12:30 Hörsaal 3
  • Thursday 02.05. 11:30 - 14:00 Hörsaal 8
  • Tuesday 07.05. 11:00 - 12:30 Hörsaal 3
  • Tuesday 14.05. 09:30 - 11:00 Hörsaal 5
  • Tuesday 14.05. 11:00 - 12:30 Hörsaal 3
  • Thursday 16.05. 11:30 - 13:00 Hörsaal 8
  • Thursday 23.05. 11:30 - 13:00 Hörsaal 8
  • Tuesday 28.05. 09:30 - 11:00 Hörsaal 5
  • Tuesday 28.05. 11:30 - 13:00 Hörsaal 8
  • Tuesday 04.06. 11:00 - 12:30 Hörsaal 3
  • Thursday 06.06. 11:30 - 13:00 Hörsaal 8
  • Tuesday 11.06. 09:00 - 11:00 Hörsaal 5
  • Tuesday 11.06. 11:00 - 12:30 Hörsaal 3
  • Thursday 13.06. 11:30 - 13:00 Hörsaal 8
  • Tuesday 18.06. 11:00 - 12:30 Hörsaal 8
  • Thursday 20.06. 11:30 - 13:00 Hörsaal 8
  • Tuesday 25.06. 09:00 - 11:00 Hörsaal 5
  • Tuesday 25.06. 11:00 - 12:30 Hörsaal 3
  • Thursday 27.06. 11:30 - 14:00 Hörsaal 8

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