Behavioral Finance
General data
Course ID: | 2600-MSFRz2BFen |
Erasmus code / ISCED: | (unknown) / (unknown) |
Course title: | Behavioral Finance |
Name in Polish: | Behavioral Finance |
Organizational unit: | Faculty of Management |
Course groups: |
(in Polish) Konwersatoria English dla MSM i MSZFR zaoczne |
ECTS credit allocation (and other scores): |
(not available)
|
Language: | English |
Type of course: | obligatory courses |
Mode: | Remote learning |
Full description: |
• Classical theory of finance and behavioral finance • The genesis of behavioral finance (schools) • Perspective theory and determinants of reality perception • Decisions under conditions of risk and uncertainty • Process of supporting investment decisions (social trading). • Fortune telling and forecasting - analysis of research on the impact of forecasts on the market • The importance of volatility and liquidity • Identification of behavioral factors • Selected stock exchange anomalies • Information and the concept of noise in financial markets • Behavioral bias - introduction • Behavioral bias of stock investors • Stock market sentiment indexation (The VIX (volatility index)) • Selected models of behavioral finance |
Bibliography: |
Podstawowa pozycja: 1. Szyszka, A., Behavioral Finance and Capital Markets. How Psychology Influences Investors and Corporations. New York: Palgrave Macmillan, 2013, 2. Michael M. Pompian, Behavioral Finance and Wealth Management How to B, John Wiley and Sons; 2nd Revised edition, 2012, 3. Baddeley, M., Behavioural Economics and Finance (r. 4-10) Cambridge: Cambridge University Press, 2013, 4. MacKenzie D., An engine, not a camera: how financial models shape markets, MIT Press, Cambridge 2006. Literatura uzupełniająca: 1. Fama, E., Efficient capital markets: a review of theory and empirical work. Journal of Finance, 25, 1970. 2. MacKenzie D., An engine, not a camera: how financial models shape markets, MIT Press, Cambridge 2006. 3. H. Kent Baker, John R. Nofsinger, Behavioral Finance: Investors, Corporations, and Markets, John Wiley & Sons, 2010 4. Michael M. Pompian, Behavioral Finance and Wealth Management How to B, John Wiley and Sons; 2nd Revised edition, 2012 |
Learning outcomes: |
(in Polish) Wykład, przykłady z praktyki, interaktywne wyjaśnienie kluczowych pojęć, ćwiczenia, studia przypadków, projekt (praca w grupach). |
Assessment methods and assessment criteria: |
(in Polish) Kolokwium (test) – 60%, 40%, projekt (praca w grupach) |
Copyright by University of Warsaw.