Level III SS3 行为金融学.pptxVIP

CFA Level III 基础课程;行为金融十二大问题;Overview;1.1 Traditional finance vs. behavioral finance;1.2 Decision‐making process;2.1 Traditional finance perspectives on individual behavior;2.1.1 Utility Theory;2.1.1 Utility Theory;2.1.2 Bayes’ formula;In a perfect world, when people make decisions under uncertainty;2.1.3 Risk averse;Utility function of wealth;2.2.1 Utility maximization;2.2.2.1 Attitudes toward risk;2.2.2.2 Prospect theory 前景理论;2.3 Neuro‐economics神经经济学;3.1 Bounded rationality;3.2.1 Prospect theory;3.3.2 Evaluation phase;Value function;4.1 Traditional Perspectives on Market Behavior;4.1.1 Studi