Course Detail

Behavioral and Institutional Finance (35215)

Course Description by Faculty

  • Vishny, Robert
  • Content
    This is an advanced course covering a variety of special topics. These topics should include: Understanding financial crises and the role of banks; Investor sentiment, anomalies, and market efficiency; The money management business and the inherent limitations of professional arbitrage; The role of cross-country institutional differences in explaining differences in financial markets and access to finance; Finance and rent-seeking: Are financial people overpaid?; Implications of asset price volatility for corporate finance, including merger waves and financial innovation.
  • Prerequisites
    Bus 35000 and 35200 or equivalent.
  • Materials
    Selected readings.
  • Grades
    Based on class participation, a short paper, and a longer final paper.
    • No auditors

    • No pass/fail grades

  • Syllabus
  • Autumn 2023Section: 35215-01TH 1:30PM-4:30PMHarper CenterC04In-Person Only
  • Autumn 2023Section: 35215-81TH 6:00PM-9:00PMGleacher Center208In-Person Only
Description and/or course criteria last updated: August 4 2023