Rationality of Studying Behavioural Finance, History of Behavioural Finance Studies, Theories of Behavioural Finance, Criticisms of Behavioural Finance, Arguments in Favour of Behavioural Finance.
Context of Studying Behavioural, Building Blocks of Behavioural Finance- Limits to Arbitrage, Psychology
Insufficient diversification, Naive Diversification, Excessive Trading, The Selling Decision, The Buying Decision.
Prospect theory model, Applications of Prospect Theory, Limits and Extensions of Prospect Theory, Relevance of Prospect Theory in the Area of Finance
Fear of Regret in Finance Decisions, Rationality of Fear of Regret in Financial Decisions, Anticipatory Regret, Minimizing Fear of Regret
Mental Accounting, Overconfidence in Financial Market, Overreaction in Financial Market, Anchoring in Finance, Gambler’s fallacy in Investing, Risk Perception, Herd Behaviour in Finance, Magical thinking in Finance, Hindsight bias in finance, confirmatory bias in finance
The course has the objective of introducing the participants with fundamental of behavioural finance and intends to take them to a stage where they can apply this knowledge in everyday decision making. Following are the key learning objectives of this programme..
The participants will get the opportunity to attend the special session from academician and industry experts from India as well as from abroad;
A special session on the Data Analytics techniques used in behavioral finance research will be part of the programme
Proper Certification will be provided to the participants
All participants of Summer School will be given an original version book on behavioral finance published by PHI publications delivered at their doorstep
Participants will have the opportunity to present their research papers in the International Conference organized along with the Summer School
Opportunity to get their papers published in the reputed journals
The ‘Summer School on Behavioural Finance’ is the one unrivalled programme. Being aware that Behavioural finance is still a novel and unexplored area of research, the Indian Institute of Information Technology Allahabad started this programme in the year 2018 with the objective of encouraging the researchers who wish to work in the concerned area. Since the very beginning of the programme, a large number of students, researchers and faculties from all around the world, have been attending this programme. The recent pandemic didn’t stop us from conducting the programme and as a result, the programme saw an upsurge in the number of applications with more than 170 participants from all around the world in the year 2020 and 184 in the year 2021.
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