學術研習營Academic Camp

行為財務學一：行為財務學理論與公司行為財務學研究

Behavioral Finance I：Theory of behavioral finance and behavioral corporate finance

2019-03-27 (三) 9:00-16:00∣北科大・宏裕科技研究大樓430

Wednesday, 27 March 2019∣Taipei Tech・Hong-Yue technology research building 430

周冠男・政治大學特聘教授

Robin K. Chou・Distinguished Professor, National Chengchi University

報名 Registration∣https://goo.gl/forms/nPqziQiFz1E3B07j1

We will start by covering the important theories and empirical evidence of behavioral finance. Topics covered include the prospect theory, framing, mental accounting, challenges to market efficiency, heuristics, biases and financial decision-making, overconfidence and financial decision-making and the impact of behavioral factors on stock market puzzles. Further, it has been well documented that tradition rational corporate finance decision theories fail in explaining some of the stylized facts in corporate finance realm. In later part of the lecture, we will also examine how rational managers take advantage of the investment decisions of irrational investors. Finally, we will study how managerial overconfidence and other cognitive limitations would impact corporate finance decisions.

國立臺北科技大學 丁秀儀 敬邀

Hsiu-I Ting, National Taipei University of Technology