À propos de ce cours : Through this course, you will learn how individuals and firms make financial decisions, and how those decisions might deviate from those predicted by traditional financial or economic theory. We will explore the nature of these biases and their origins, using insights from psychology, neurosciences and experimental economics on how the human mind works. From these biases, you will be able to examine how the insights of behavioral finance complement the traditional finance paradigm. We also look at the micro and macro biases. Finally, we will explore how these insights describe more complicated topics such as fat tail events and financial crises.
Créé par : Indian School of Business
Enseigné par : Vaidya Nathan, Lecturer
Finance
| Informations de base | Cours 3 de 5 dans Financial Markets and Investment Strategy Specialization |
| Niveau | Débutant |
| Langue | English |
| Comment réussir | Réussissez tous les devoirs notés pour terminer le cours. |
| Notes des utilisateurs |
Programme de cours
SEMAINE 1
Behavioral Biases in Finance - Part 1
This module discusses the common behavioral biases experienced by individuals. All the biases are divided into 3 parts. After completing this module you will be able to explain different biases such as Overconfidence, Base rate neglect, Anchoring and adjustment, Cognitive Dissonance, Availability, Self-Attribution and Illusion of Control Bias.
8 vidéos, 2 lectures
- Vidéo: 1. Overconfidence Bias
- Vidéo: 2. Representativeness Bias - Base rate neglect
- Vidéo: 3. Anchoring and adjustment bias
- Vidéo: 4. Cognitive Dissonance Bias
- Vidéo: 5. Availability bias
- Vidéo: 6. Self-Attribution Bias
- Vidéo: 7. Illusion of Control Bias
- Reading: Using Behavioral Finance to Better Understand the Psychology of Investors
- Reading: The Mistakes We Make—and Why We Make Them
Noté: Assessment 1
SEMAINE 2
Behavioral Biases in Finance - Part 2
This module discusses the common behavioral biases experienced by individuals. All the biases are divided into 3 parts. This module deals with the second part. After completing this module, you will be able to explain different biases such as Conservatism, Ambiguity Aversion, Endowment, Self-control, Optimism, Mental accounting, Confirmation and Loss aversion.
8 vidéos, 2 lectures
- Vidéo: 9. Ambiguity Aversion Bias
- Vidéo: 10. Endowment bias
- Vidéo: 11. Self-Control Bias
- Vidéo: 12. Optimism Bias
- Vidéo: 13. Mental Accounting Bias
- Vidéo: 14. Confirmation Bias
- Vidéo: 15. Loss Aversion Bias
- Reading: Behavioral Finance: Theories and Evidence
- Reading: Fuel Your 401(k) with the Secrets of Behavioral Finance
Noté: Assessment 2
SEMAINE 3
Behavioral Biases in Finance - Part 3
This module discusses the common behavioral biases experienced by individuals. All the biases are divided into 3 parts. This module deals with the third part. After completing this module, you will be able to explain different biases such as Hindsight, Recency, Regret Aversion, Framing, Status Quo and sample size neglect.
7 vidéos, 2 lectures
- Vidéo: 17. Recency Bias
- Vidéo: 18. Regret Aversion Bias 1
- Vidéo: 19. Regret Aversion Bias 2
- Vidéo: 20. Framing Bias
- Vidéo: 21. Status Quo Bias
- Vidéo: 22. Sample size neglect
- Reading: Women and Investing:A Behavioral Finance Perspective
- Reading: How Biases Affect Investor Behaviour
- Discussion Prompt: Hindsight Bias - Analyst Forecast
Noté: Assessment 3
SEMAINE 4
Psychographic models in Finance
This module discusses the 3 psychographic models in behavioral finance. After finishing this module you will be able to explain the three psychographic models and differentiate between them.
4 vidéos, 1 lecture
- Vidéo: Psychographic models 2
- Vidéo: Psychographic models 3
- Vidéo: Conclusion
- Reading: Manipulate Me: The Booming Business in Behavioral Finance
- Discussion Prompt: Classifying investors into behavioral types
Noté: Comprehensive Assignment
FAQ
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Créateurs
Indian School of Business
The Indian School of Business has successfully put India on the global map of management education by nurturing young leaders with an understanding of developing economies and the society at large. Through innovations in curricula and pedagogy to reflect the shifting business landscape, the ISB is committed to providing the best venue for management education to meet the growing need to develop young leaders who can manage global challenges.
Tarification
| Acheter le cours | |
|---|---|
| Accéder au contenu du cours | Disponible |
| Accéder au contenu noté | Disponible |
| Recevoir une Note Finale | Disponible |
| Obtenir un Certificat de Cours partageable | Disponible |
Notation et examens
I learned so much! The instructor is engaging and provides examples to illustrate the concepts. I recommend it 100%. It also gives you food for thought for applying theory beyond investing into other areas where you might have behavioral biases, i.e. in business, negotiation, etc.
Thank you very much! Nice course! It was very interesting and useful for me!
This course is very good in introducing the various biases of investing.
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