LEARNING OUTCOMES

The course of Behavioural Finance, taught in Italian, has the specific aim of providing the students with theoretical and empirical knowledge on the so called "anomalies" in financial markets, discount factors and on the causes of speculative bubbles.

AIMS AND LEARNING OUTCOMES

The course will allow the students to know and apply in their professional activities, the knowledge and models for financial markets that account for the cognitive process affecting investment choices. Particular attention will be dedicated to the "anomalies" in financial markets, on how the subjective discount factors are affected by the features of the human cognitive process, and on a few psychological features affecting the investors' choices in times of speculative bubbles.

TEACHING METHODS

Lessons by the teacher. Seminars on a few specific topics.

Teaching methods might be subject to changes due to the epidemiological conditions and public health conditions. Please refer to Aulaweb for any updating, both for what concerns the teaching methods and the exam methods.

SYLLABUS/CONTENT

Anomalies in financial choices.

Anomalies in discount factors

Speculative bubbles. 

Equity premium puzzle.

Incorporation

RECOMMENDED READING/BIBLIOGRAPHY

• Forbes, W., (2009), “Behavioural Finance”, Chichester, UK, John Wiley & sons, capp. 2,3 (esclusi il paragrafo 3.2.2 e l’appendice) ,5, 13 (esclusi i paragrafi 13.1, 13.2, 13.2.1, 13.3.1, 13.3.2), 14.
• Lecure notes downlodable from the AulaWeb site of the course, in the section called “Materiale didattico”.

Exam Board

MARCO MAZZOLI (President)

LESSONS START

Second term a.y. 2022-23

Class schedule

All class schedules are posted on the EasyAcademy portal.

EXAM DESCRIPTION

Written Exam. Teaching methods amd exam methods might be subject to changes due to the epidemiological conditions and public health conditions. Please refer to Aulaweb for any updating, both for what concerns the teaching methods and the exam methods.

ASSESSMENT METHODS

The final exam consosts of a written exam with open questions on the topics of the course. Teaching methods amd exam methods might be subject to changes due to the epidemiological conditions and public health conditions. Please refer to Aulaweb for any updating, both for what concerns the teaching methods and the exam methods.

Exam schedule