Extremely Comprehensive FINC3023 Final Exam Notes

Description

Topics Included in these notes: 1. Introduction to behavioural finance, lab experiments, probability, expected utility theory 2. Rank dependent utility theory 3. Framing, loss aversion, cumulative prospect theory 4. Heuristics and biases 5. Overbetting and kellybetting 6. Overconfidence 7. Explaining the cross-section of expected stock returns (the winner-loser effect and factor models and momentum) 8. The disposition effect 9. Attention and the media's influence on stock returns 10. Sentiment, bubbles and crashes