Behavioral Finance: A Taxonomy of Money Mistakes

PSY 368

Uses popular and accepted theories of human behavior from the fields of psychology and decision-making to characterize some prevalent features of irrational behavior in financial markets. Includes discussion of typical errors made by financial market participants as a result of behavioral biases, and examination of the extent to which irrationality can affect financial markets at the aggregate level ("bubbles"), how long irrationality may persist, and what factors will eventually cause these bubbles to burst ("crashes"). Instructor consent required. Prerequisite: Economics 201D.

Enroll Consent

Instructor Consent Required

Prerequisites

Prerequisite: Economics 201D

Curriculum Codes
  • SS
Cross-Listed As
  • ECON 368
Typically Offered
Spring Only