Behavioral Finance Study Guide
Systematically review the core knowledge framework of behavioral finance, from theoretical foundations to practical applications, to build a comprehensive knowledge framework.
Building a theoretical foundation
Core Concepts in Behavioral Finance
- Disciplinary Positioning: The Interdisciplinary Field of Economics and Psychology in Behavioral Finance
- Core theoretical framework: Expected Utility Theory, Prospect Theory, Psychological Accounts, and others.
- Research Methods: Empirical analysis, Experimental design, Behavioral experiments.
- Interdisciplinarity: Integration with Psychology, Cognitive Science, and Finance
Classification and Impact of Cognitive Biases
Irrational characteristics of market behavior
Empirical Analysis of Irrational Market Behavior
Constructing and Applying Psychological Accounts
- Theoretical Model of Psychological Accounts: Association between Classification Management and Behavioral Decision-Making
- Impact of Account Division on Investment Decisions: The Mental Account Effect in Asset Allocation
- Mental Accounts and Market Behavior: An Interactive Mechanism from Individual Decision-Making to Market Reaction
Applied Practice and Empirical Research
Behavior of Financial Markets and Their Applications
- Investment Strategy Optimization: Asset Allocation Model Based on Psychological Accounts
- Practices in Risk Management: Application of Behavioral Finance in Derivative Pricing
- Behavioral Finance and Its Implications for Financial Regulation: Investor Education and Market Discipline
- Case Study: Specific Applications of Behavioral Finance in Quantitative Investment
Empirical Research and Theoretical Validation
- Empirical Research Framework: Application of Panel Data and Panel Models
- Theoretical Validation Methods: Integration of Bayesian Inference and Behavioral Data
- Key Study: Quantitative Research on Decision Bias Based on Experiments
- Recent Advances in Deep Learning for Data Mining in Behavioral Finance