Courses Master Display 2013-2014

Course Description To PDF
Course title Empirical Methods in Financial Research
Course code EBC4151
ECTS credits 6,5
Assessment None
Period
Period Start End Mon Tue Wed Thu Fri
2 28-10-2013 20-12-2013 C
Level Advanced
Coordinator Joost Pennings
For more information: joost.pennings@maastrichtuniversity.nl
Language of instruction English
Goals
The course is designed such that students will be able to complete the following by the end of the course:

Conduct research intended to understand financial behaviour.
Differentiate between normative and positive models of decision-making
Indicate and outline the behavioural anomalies within financial decision-making theories (e.g., the EU framework)
llustrate behavioural anomalies in a real-life decision-making context
Utilize the decision-making models in a risky context
Apply decision-making theories to complex choices
Description
The objective of the course is to provide students with tools to analyse financial decision making behaviour. The course will focus on research methodology that can be used to understand how market participants behave in financial markets (positive approach). This knowledge can be used to develop new financial services and to optimize trading behaviour. Course participants will critically examine the current literature on financial decision-making in economics, management, and psychology. Students will develop skills about setting up a research design (experimental), collecting data (soft and hard data) and analysing the collected data.
Literature
Selected papers
Prerequisites
None
Teaching methods (indicative; course manual is definitive) PBL / Presentation / Lecture / Assignment
Assessment methods (indicative; course manual is definitive) Final Paper / Attendance / Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Master Business Research Free Electives
Master Business Research Track OR Free Electives
Master Economic and Financial Research Track Econometrics Econometrics, Finance & Monetary Economics
Master Economic and Financial Research Econometrics, Finance & Monetary Economics