Behavioural Finance & Personal Investing

Faculteit Economie en Bedrijfskunde
Jaar 2017/18
Vakcode EBM806B05
Vaknaam Behavioural Finance & Personal Investing
Niveau(s) master, uitwisseling
Voertaal Engels
Periode semester II b
ECTS 5
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Uitgebreide vaknaam Behavioural Finance & Personal Investing
Leerdoelen Upon completion of the course the student is able to:
1. Discriminate between the differences in foundations of classical and behavioral finance;
2. Explain and illustrate typical investor behaviors and its behavioral foundations;
3. Explain and illustrate effects of typical investor behaviors on market outcomes;
4. Critically review, comment and debate on academic papers.
Omschrijving Behavioral Finance (BF) is a new development in the field of finance, which has been going on for more than two decades now. This development has not only affected academic finance, but has also gained profound interest from practitioners, in particular in the field of investments. In BF, empirical phenomena are being analyzed in terms of behavioral characteristics. In doing so, it explicitly deviates from the rational decision-making approach of financial economics. In this course we will focus mainly on individual investor psychology and behavior and contrast it with the neo-classical approach.
Uren per week 3
Onderwijsvorm gecombineerde hoor-/werkcolleges
Toetsvorm schriftelijk tentamen met open vragen
(Final examination (100%))
Vaksoort master
Coördinator dr. M.M. Kramer
Docent(en) dr. M.M. Kramer
Verplichte literatuur
Titel Auteur ISBN Prijs
Behavioral Finance, Psychology, Decision-Making and Markets, South-Western Cengage Learning, 1st edition, 2010. Ackert, L.F., and R. Deaves 9780538752862 €  67,00
Selection of academic papers. Various
Entreevoorwaarden Students have a bachelor in Economics or Business.
Opmerkingen Secretary: Grietje Pol, phone: +31 (0)50 363 3685, e-mail: g.pol@rug.nl. Room: 5411.0836.
The course literature mentioned in the above is only indicative! The final reading list of the course will be published in due time.
This course is also open for a max of 8 exchange students.
Opgenomen in
Opleiding Jaar Periode Type
Courses open to Exchange Students (MSc)  (Courses open to Exchange Students (MSc) with limited access) 1 semester II b keuze
DD MSc Economics - Universidad de Chile, Santiago (1,5-jarig)  (keuzevakken voor studenten uit Chili) 2 semester II b keuze
DD MSc Finance - Lund University, Lund (1,5-jarig)  (basisprogramma voor studenten van FEB) 1 semester II b keuzegroep
DD MSc IE&B – Corvinus University, Budapest (2-jarig)  (keuzevakken B DD MSc IE&B - CUB) 1 semester II b keuze
DD MSc IFM - Fudan University, Shanghai (2-jarig)  (keuzevakken MSc IFM) 1 semester II b keuze
DD MSc IFM – UU, Uppsala (1,5 year)  (keuzevakken voor studenten van FEB) 2 semester II b keuze
MSc Economics  (keuzevakken B MSc Economics) 1 semester II b keuze
MSc Finance  (keuzevakken A MSc Finance) 1 semester II b keuze
MSc Industrial Engineering and Management  (Optional management modules) - semester II b keuze
MSc International Economics & Business/IE&B  (keuzevakken B MSc IE&B) 1 semester II b keuze
MSc International Financial Management/IFM  (keuzevakken MSc IFM) 1 semester II b keuze
MSc Marketing  (keuzevakken Marketing Intelligence) 1 semester II b keuze
MSc Marketing  (keuzevakken B Marketing Management) 1 semester II b keuze