Synopsis
Standard models of financial markets assume people behave rationally. Behavioral Finance builds on this foundation by incorporating insights from cognitive psychology (e.g. overconfidence) to explain puzzling observations in asset prices that cannot be accounted for by reason alone.
We cordially invite you to attend our upcoming finance seminar in Shanghai on June 26th.
Jointly hosted by CFA Society Shanghai, HKUST-NYU Stern MSGF program and CAIA, this seminar features will illustrate the intriguing behaviors of irrational investors and their implications for investment decision-making.
In this seminar, Prof. Utpal Bhattacharya, a distinguished scholar and highly respected expert in the field of Behavioral Finance, will share several examples from his research, including studies on haunted houses in Hong Kong and left-digit fixated traders in the United States.