心理学、风险和投资(1).pptxVIP

Psychology, Risk and InvestmentDaniel Kahneman, PhDPrinceton University ;The standard theory;Behavioral Finance;Bold Forecasts—Optimism Bias;Bold Forecasts—Optimism Bias (continued);Overconfidence;Overconfidence (continued);Overconfidence (continued);Optimistic Overconfidence in the Market;Framing: different ways to think about a decision;Framing a financial decision: Gains/losses vs. wealth;Comparing the frames;The aversion to losses;Another pair of choices;Loss aversion narrow framing:the ‘disposition effect’;“Near-proportional” risk attitudes;Applications to understanding of mark