Behavioural Finance is not just another branch of finance. It is the study of the influence of psychology on the behavior of human beings in their financial decision-making. It helps us in studying its subsequent effects on the financial markets. It highlights the fact that human beings are not always rational, have limits to their self-control, and are influenced by their own biases. It is the study of how investors systematically make errors in judgement, or “mental mistakes”. Behavioural f...
What you'll learn
How wide range of decision-making biases and information processing errors impact our financial decision-making
How behavioural finance impacts financial markets
The most common self-deception biases, their causes, and potential measures to prevent them
Cognitive biases and their root causes with real life examples
The most common emotional biases and their causes with examples
How loss aversion and other biases that contribute to our financial decision- making
How herding bias and other social factors interfere with our decision-making
Syllabus 3
Entropic Mind Leading to Self-Deception
Cognitive Biases in Financial Decision Making
Emotional and Social Biases in Financial Decision Making
Instructor: Dennis Freeman, Kendra Pugh This course provides an integrated introduction to electrical engineering and computer science, including modern software engineering, linear systems analysis, electronic circuits, and decision-making. The lecture videos provide an overview of each topic, whi…
This playlist contains video recordings of Stanford's graduate-level CS329A course. It covers the latest techniques and applications of AI agents that can continuously improve themselves through interaction with themselves and the environment. The lecture recordings start with self-improvement tech…
The field of Computer Science is headed for a major upheaval with the rise of large AI models, such as ChatGPT, that are capable of performing general-purpose reasoning and problem solving. We are headed for a future in which it will no longer be necessary to write computer programs. Rather, I beli…
Instructor: Jon Gruber, 14.01 students View the complete course: http://ocw.mit.edu/14-01SCF10 This course includes a full set of lecture videos and a selection of problem solving videos. In the lecture videos, Professor Jonathan Gruber covers the principles of microeconomics conceptually, mathemat…
This course provides a thorough introduction to the principles and methods of physics for students who have good preparation in physics and mathematics. Emphasis is placed on problem solving and quantitative reasoning. This course covers Newtonian mechanics, special relativity, gravitation, thermod…