Chief Behavioral Officer and Co-Founder at User Nudge, Inc., a startup that applies behavioral science and data science to solve business problems in interface design and product operations.
The Psychology of Finance
You Will Learn To:
- Describe concepts such as utility, probability weighting, the certainty effect, survivorship bias, risk, gains, and losses.
- Explain the causation/correlation error, the mental error in probability weighting, the consequences of the anchoring bias, overtrading due to overconfidence, the equity premium puzzle, and active vs. passive mutual funds.
- Evaluate subjective vs. absolute probabilities, overconfidence as the “mother of all biases,” and the framing and reversal of preferences.
- Understand the psychology behind financial decisions made by business leaders and investors.
- Neutralize relevant biases.
- Make and encourage better ﬁnancial decisions.
- Explain the consumer choice theory.
- Differentiate between mental models related to behavioral finance.
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– Greg Green, PhD, Associate Senior Instructional Professor and Director of the MScA Program at the University of Chicago
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Our online learning programs are crafted with your specific needs in mind. Programs combine e-learning with live, interactive sessions to strengthen your skill set while maximizing your time. We couple academic theory and business knowledge with practical, real-world application. Through online learning sessions, you will have an opportunity to grow your professional network and interact with University of Chicago instructors and your classmates.
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