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Thaler, R . H . ( 2 0 1 5 ) . Misbehaving: The making of behavioral economics . WW Norton & Company. Chapters 1
Thaler, R H Misbehaving: The making of behavioral economics WW Norton & Company. Chapters and Economist Debates and Narrow Framing
Topic A Thaler Very eerie that this chapter presents "The Asian Disease Problem"! Describe the problem, setup and results. What does this imply?
Topic B Thaler What is the importance of the consideration of anomalies?
Topic C Thaler Discuss the interdisciplinary relationship between Psychology and Economics. Which has contributed more to which to date?
Topic D Thaler Explain the concept of narrow framing? How can it lead to suboptimal decisionmaking? What is an example?
Nofsinger, J R The psychology of investing. Routledge
Chapter Risk Perceptions
Topic A What examples in life have you seen of cognitive dissonance at work? In your own life? In those around you?
Topic B How does cognitive dissonance explain why investors hold loser stocks they own while being quick to sell loser actively managed mutual funds? What is the relation to Disposition Effect?
Chapter Representativeness and Familiarity
Topic C A statement found in every mutual fund prospectus is "Past performance is not indicative of future performance." Yet investors tend to use past performance as an important factor in making investment decisions. Why?
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