FIN 4560:Behavioral Finance

3 Class Hours 0 Laboratory Hours 3 Credit Hours
Prerequisite: FIN 3100, 60 credit hours with a minimum GPA of 2.0, and Admission to the Coles College Undergraduate Professional Program or student in a Coles College Partner Program that includes this course.
The tools and applications of behavioral finance are presented. Topics include expected utility, prospect theory and mental accounting; conventional finance and challenges to market efficiency; heuristics and biases, overconfidence and emotion; financial decision-making stemming from psychology; behavioral explanations of observed behavioral anomalies; aggregate stock market puzzles; and retirement and pensions.