Quantitative behavioral finance

course

Aims of the course

No description

Course syllabus

1. Investor behavior and anomalies in financial markets
1.1. Limits to arbitrage
1.2. Prospect theory, behavioral biases, anchoring and mental accounting
1.3. Equity-premium puzzle, predictability of stock returns, size premium, momentum effect, closed-end funds puzzle, insufficient diversification of the investments, excessive trading, etc.
2. Behavioral Corporate Finance
2.1. Irrational investors and rational managers
2.2. Rational investors and irrational managers
2.3. Implications for corporate financing, investments and other firm policies (payout, firm name, earnings management, executive compensation, stock splits, etc.)
3. Behavioral finance and financial professionals
4. Debiasing and Behavioral investing

Course director(s)

	Aleš Berk Skok, PhD, Full Professor Academic Unit for Money and Finance (Regular Member) Academic Unit for Management and Organisation (Associate Member)
	E: ales.berk@ef.uni-lj.si  T: +386 1 5892-622	W: http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=434007  LinkedIn: https://si.linkedin.com/in/ales-berk-skok-10850232    Skype: alesberk

	Igor Lončarski, PhD, Full Professor Academic Unit for Money and Finance (Regular Member)
	E: igor.loncarski@ef.uni-lj.si  T: +386 1 5892-628	W: http://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=106680  LinkedIn: http://si.linkedin.com/pub/igor-loncarski/21/863/257/
	Office Hours Monday at 13:00 in RZ-105