Course Details

Module Description
Building on the theory of rational expectations and observations of market anomalies, this course analyzes the extent to which individual behavior can be responsible for these anomalies. The focus is on information aggregation in markets. Among others, the following questions are addressed: Which anomalies can occur and what are their consequences for the capital market? Under which conditions can different market structure solutions serve as a corrective? What are the implications of digital transformation and the changing role of central banks for information aggregation? The course is rounded off by lectures from practitioners on various aspects of behavioral finance.

Registration
For this course, you need to register via the "Studieninfonetz" (STiNE) of the University of Hamburg. You need to adhere to the registration deadlines. It is your responsibility to check whether this course is eligible for your studies. Should you have questions regarding registration, please contact your Studienbüro.

Course Materials
All course materials are uploaded to STiNE. The files might be protected with a password. In this case, the password is announced in the first session of the course.

STiNE Messages
Make sure to regularly check your STiNE inbox. Important information regarding this course might be provided via STiNE messages.

Exam
Exam questions will be in English. When answering the questions, you may choose between German and English. A language change within a task is not allowed.

Questions?
All courses of the major Finance, Banking & Insurance are usually administered by a research assistant. Please contact the assistant if you have any questions related to the course contents. Should the course not be administered by a research assistant, you can contact the instructor via e-mail.