FINE 6500 3.00

Title BEHAVIOURAL FINANCE
Level Graduate
Department FINANCE - ROOM SSB N204A, (416) 736-5073 fax (416) 736-5687
Description Classical finance incorporates fully rational, unemotional agents; financial decisions are made without the influence of emotions or personal characteristics. Much recent study contradicts this view. By examining psychological factors known to influence individual choice and financial decision-making we can identify behavioural biases that are both reliable and exploitable. With care, many of these biasis can be avoided. Prerequisite: FINE 5200 3.0