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課程名稱 |
行為財務
BEHAVIORAL FINANCE |
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開課學期 |
94-2 |
|
授課對象 |
管理學院 財務金融學系 |
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授課教師 |
胡星陽 |
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課號 |
Fin3021 |
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課程識別碼 |
703 46000 |
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班次 |
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學分 |
3 |
|
全/半年 |
半年 |
|
必/選修 |
選修 |
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上課時間 |
星期二6,7,8(13:20~16:20) |
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上課地點 |
管壹104 |
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備註 |
先修科目:投資學(適用全校)。 |
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Ceiba 課程網頁 |
http://ceiba.ntu.edu.tw/942bf |
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課程簡介影片 |
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核心能力關聯 |
核心能力與課程規劃關聯圖 |
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課程大綱
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為確保您我的權利,請尊重智慧財產權及不得非法影印
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課程概述 |
Traditionally, academics in
finance assume people are
rational: they maximize their
utility under constraints.
This course examines the
deviation of this assumption
from actual behaviors. |
|
課程目標 |
The objective of this course
is to introduce topics on
behavioral finance, with the
emphasis on investment behavior. |
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課程要求 |
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預期每週課後學習時數 |
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Office Hours |
另約時間 |
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指定閱讀 |
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參考書目 |
Shefrin, Hersh, 1999, Beyond Greed and Fear: Understanding
Behavioral Finance and the Psychology of Investing, Oxford
University Press, USA; 2Rev Ed edition, 新月書局進口。 |
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評量方式
(僅供參考) |
|
No. |
項目 |
百分比 |
說明 |
|
1. |
學期報告 |
25% |
The term paper can be one of two things: (1) examine one specific trading strategy developed from behavioral assumption using Taiwan’s data, or (2) develop a financial product or a marketing strategy of financial products based on behavioral assumptions. The term paper should have both oral presentation and written report. Written reports have to be typed and have a maximum of ten pages. |
2. |
課堂參與 |
10% |
|
3. |
期末考 |
40% |
|
4. |
章節報告 |
25% |
Both chapter presentation and the term paper are prepared as a group project. Each group can have three to four students. The number of presenters of each group for each presentation, however, is limited to a maximum of two people.
For each chapter presentation, one group will prepare oral presentation and several groups (exact numbers to be determined) will be responsible for asking questions. |
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週次 |
日期 |
單元主題 |
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第1週 |
2/21 |
Introduction |
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第2週 |
2/28 |
NO CLASS |
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第3週 |
3/07 |
Basics of utility theory, efficient market |
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第4週 |
3/14 |
Chapter 2. Heuristic-Driven Bias: The First Theme
Chapter 4. Inefficient Markets: The Third Theme |
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第5週 |
3/21 |
Chapter 3. Frame Dependence: The Second Theme
Chapter 4. Inefficient Markets: The Third Theme |
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第6週 |
3/28 |
The Limits of Arbitrage
Chapter 5. Trying to Predict the Market |
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第7週 |
4/04 |
NO CLASS |
|
第8週 |
4/11 |
Chapter 6. Sentimental Journey: The Illusion of Validity
Chapter 7. Picking Stocks to Beat the Market
Chapter 8. Biased Reactions to Earnings Announcements |
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第9週 |
4/18 |
Midterm (Chapters 1-8) |
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第10週 |
4/25 |
Chapter 9. "Get-Evenitis": Riding Losers Too Long
Chapter 10. Portfolios, Pyramids, Emotions, and Biases
Chapter 11. Retirement Saving |
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第11週 |
5/02 |
Chapter 12. Open-Ended Mutual Funds
Chapter 13. Closed-End Funds
Chapter 14. Fixed Income Securities |
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第12週 |
5/09 |
Chapter 15. The Money Management Industry
Chapter 19. Options
Chapter 20. Commodity Futures |
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第13週 |
5/16 |
Chapter 21. Foreign Exchange Markets
Term paper presentations |
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第14週 |
5/23 |
Term paper presentations |
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第15週 |
5/30 |
Term paper presentations |
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第16週 |
6/06 |
Term paper presentations |
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第17週 |
6/13 |
Term paper presentations |
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