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Behavioral Finance

Class at Faculty of Humanities |
YBAU038

Syllabus

Students are required to follow the instructions and requirements specified in the course syllabus available at https://upces.cerge-ei.cz/academic-life/upces-courses-a-z Scroll for the UPCES Course List and click on the particular course for course description and syllabus.

Reading materials: the coordinators of the UPCES program will inform the enrolled students where to get them.

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This is one of the UPCES courses (the Undergraduate Program in Central European Studies); comprehensive information is available at https://bakalar.fhs.cuni.cz/SHV-211.html. The lecture is divided into four main sections:

1. Behavioral decision making (intertemporal decision making, decision making under uncertainty, so called “paradoxes” of decision making like “preference reversal” and “conjunction effect”);

2. Elementary Methods of Experimental Economics (principles of experimentation, hypothesis testing, methods of non-parametric statistics;

3. Behavioral game theory (fairness and reciprocity, bounded rationality);

4. Recent developments in Behavioral Economics (Neuro-Economics, mental modeling)