Introduction.
Introduction.
SECTION I: CONVENTIONAL FINANCE, PROSPECT THEORY AND MARKET
EFFICIENCY.
1: Foundations of conventional finance: Expected utility.
2: Foundations of conventional finance: Asset pricing theory and
market efficiency.
3: Prospect theory, framing and mental accounting.
4: Limits to arbitrage, anomalies and investor sentiment.
SECTION II: BEHAVIORAL SCIENCE FOUNDATIONS.
5: Heuristics and biases.
6: Overconfidence.
7: Emotion.
SECTION III: INVESTOR BEHAVIOR.
8: Investor behavior stemming from heuristics and biases.
9: The impact of overconfidence on investor decision-making.
10: Emotion-based investor behavior.
SECTION IV: SOCIAL FORCES.
11: Social forces: Selfishness or altruism?
12: Social forces and behavior.
SECTION VI: MARKET OUTCOMES.
13: Behavioral explanations for anomalies.
14: Aggregate stock market puzzles.
SECTION V: CORPORATE FINANCE.
15: Irrational markets.
16: Irrational managers.
SECTION VII: RETIREMENT, PENSIONS, EDUCATION, DEBIASING AND CLIENT
MANAGEMENT.
17: Understanding retirement saving and investment behavior and
improving DC pensions.
18: Debiasing, education, and client management.
SECTION VIII: MONEY MANAGEMENT.
19: Money management and behavioral investing.
20: Neurofinance and trading.
Lucy F. Ackert is Professor of Finance in the Michael J. Coles
College of Business at Kennesaw State University and Visiting
Scholar at the Federal Reserve Bank of Atlanta. Dr. Ackert holds a
Ph.D. in financial economics from Emory University. Her research
interests include individual's use of information and financial
market reaction to information. Dr. Ackert has published numerous
articles in refereed journals including the American Economic
Review, Journal of Accounting Research, and Journal of Finance.
In 1993 Dr. Ackert received a Smith Breeden Prize for Distinguished
Paper in the Journal of Finance. Her research has received funding
from various organizations including the Center for the Study of
Futures Markets at Columbia University, the Chicago Board of Trade,
the Canadian Investment Review, and the Social Sciences and
Humanities Research Council of Canada. In 2008 Dr. Ackert received
the Kennesaw State University Distinguished Graduate Scholarship
Award.
Dr. Ackert has previously taught at Emory University, Berry
College, and Wilfrid Laurier University. She has taught a range of
courses for graduate as well as undergraduate students, including
Behavioral Finance, Corporate Finance, Futures and Options Markets,
Financial Institutions, Cases in Finance, Introduction to
Statistical Methods, and Microeconomics. Richard Deaves is
Professor of Finance at the DeGroote School of Business, McMaster
University. There and elsewhere he has taught a variety of courses,
including Behavioral Finance, Security Analysis and Portfolio
Management, Derivatives, and Applied Investment Management.
In addition to McMaster, Dr. Deaves has visited at the University
of Toronto, Concordia University, Thammasat University, Tsinghua
University, and others.
Dr. Deaves research publications have appeared in numerous
journals, such as the Journal of Financial and Quantitative
Analysis, the Journal of Banking and Finance, and the Journal of
Monetary Economics. His main research interests have included
behavioral finance, investor knowledge and pension fund design,
experimental asset markets, investment fund performance,
fixed-income return enhancement, modeling and predicting interest
rates, pricing and hedging futures, and the relationship between
financial markets and the macroeconomy.
Additionally, Dr. Deaves has consulted for large and small private
firms as well as government agencies. He has also provided expert
testimony in a number of legal proceedings. He has previously
published two books: What Kind of an Investor Are You? (Insomniac
Press) and Canadian Finance: A Concise Introduction (DFS Press).
Ask a Question About this Product More... |