The goal of this course is to help understanding the relationship between behavior finance and asset pricing. The relationship can be found in several academic papers. Students have to be familiar with theory covering the relationship. Also, empirical tests regarding the testing procedure, data used, and the findings should be carefully studied.The goal of this course is to help understanding the relationship between behavior finance and asset pricing. The relationship can be found in several academic papers. Students have to be familiar with theory covering the relationship. Also, empirical tests regarding the testing procedure, data used, and the findings should be carefully studied.
衍生性商品具有高槓桿的特性，而且此類商品在無套利的的條件下，合理價格實際是不完全存在的，因此投資者的特性往往會影響此類商品的價格，特別投資者可能有過度自信的現象，本課程從投資的行為來說明衍生性商的訂價，特別本課程將探討學術文章在這個議題的研究。
Derivative commodities have the characteristics of high bars, and under the conditions of no arbitrage, reasonable prices do not exist in reality. Therefore, the characteristics of investors often affect the prices of this commodity. Special investors may have excessive confidence. This course explains the prices of derivatives from the behavior of investment. This course will explore the research of academic articles in this topic.
Miller (1977)
Harrison and Krep (1978)
Han (2007)
Boehme, Danielsen, and Sorescu (2006)
Diether, Malloy, and Scherbina (2002)
Miller (1977)
Harrison and Krep (1978)
Han (2007)
Boehme, Danielsen, and Sorescu (2006)
Diether, Malloy, and Scherbina (2002)
| 評分項目 Grading Method | 配分比例 Grading percentage | 說明 Description |
|---|---|---|
| Mid-Term ExamMid-Term Exam Mid-Term Exam |
50 | |
| Final ExamFinal Exam Final Exam |
50 |
