Classic theory of finance (Bernoulli's utility function, hypothesis of rational expectations Neumann-Morgenstern utility theory).
Efficient market theory.
Efficient market theory vs. stock market anomalies.
Prospect theory by A. Tversky and D. Kahnemann.
Heuristics of investors (overconfidence, illusion of control, overoptimism, confirmation trap, hindsight bias, availability heuristic, anchoring heuristic, effect heuristic, cognitive dissonance, the fundamental attribution error, representativeness heuristic, positive and negative recency effect).
Heuristics, continuation.
Heuristics, continuation.
Heuristics, continuation.
Motivation of investors (myopic loss aversion, narrow look, mind calculation, irrelevance of historical data, magic thinking, pseudomagic thinking, self-misleading, hedonic framing, sunk costs effect, disposition effect, endowment effect, status quo bias, snake-bit effect, break-even effect).
Motivation of investors, continuation.
Motivation of investors, continuation.
Motivation of investors, continuation.
Behavioral models of financial market.
Model of subjective asset pricing.
Behavioral finance: a real breakthrough or an another paradigm?
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