Behavioral Finance

Apr 2021

Writing a review because despite years of previous iterations there seem to be no records here. Professor Hong is a very intelligent professor who is keen mostly on sharing his view that markets are inefficient because people are irrational and not much else. His slides are generally decent but sometimes confusing or lacking context. The lecturing is mediocre; despite the stated prerequisites being just micro, macro, and metrics, a pretty solid understanding of financial econ is recommended. The homeworks range from striaghtforward to annoyingly difficult. Prepare yourself for a lot of utility functions. The midterm and final are fair and the curve is OK (median to B+, my half-sigma above to A-).