Semester:SS 19
Type:Seminar
Language:English
Scheduled in semester:4
Semester Hours per Week / Contact Hours:30.0 L / 22.5 h
Self-directed study time:67.5 h
Type:Seminar
Language:English
Scheduled in semester:4
Semester Hours per Week / Contact Hours:30.0 L / 22.5 h
Self-directed study time:67.5 h
Module coordination/Lecturers
- Assoz. Prof. Dr. Martin Angerer
(Modulleitung)
- Dr. rer. oec. Matthias Herrmann-Romero, MSc
(Co-Modulleitung)
- Prof. Dr. Michael Hanke
(Interner Dozent)
Curricula
Bachelor's degree programme in Business Administration (01.09.2012)Modules
Description
- Expected utility theory
- Mean-variance theory
- Prospect theory.
- Asymmetric information
- Market efficiency
- Behavioral biases
Qualifications
- know the most prominent decision theories.
- understand how rational solutions may be achieved by using classical decision models.
- know different levels of market efficiency and their implications
- understand how information is processed on financial markets
- solve decision problems by using DT models and methods. They find the strategic aspect of a problem and transform it into a simplified problem.
- analyze decision situations.
- evaluate Investments with EUT, MV and PT,. explain and interpret the assumptions of these methods.
- know methods in decision theory.
- use methods and models on unknown decision situations. Calculate optimal solutions and equilibria.
- compare different methods for measuring and controlling risk and uncertainty in decision processes.
- evaluate decision methods in mini cases and find appropriate models for solving typical problems.
- understand and critically discuss the arguments of fellow students.
- listen carefully, read and repeat, practice until they understand the logic and mathematics behind models.
- work together and motivate other students who tend to give up as a reaction to the difficulty of mathematical problems.
Lectures Method
Lecture with interactive elements, group work, presentation
Literature
- Thorsten Hens & Marc Oliver /Rieger: Financial Economics, 2010, Springer (supplementary)
Exam Modalities
- written examination (70%)
- presentation (30%)
Dates
Datum | Zeit | Raum |
19.02.2019 | 10:00 - 11:30 | S2 |
26.02.2019 | 10:00 - 11:30 | S2 |
12.03.2019 | 10:00 - 11:30 | S2 |
26.03.2019 | 10:00 - 11:30 | S2 |
02.04.2019 | 10:00 - 11:30 | S2 |
09.04.2019 | 10:00 - 11:30 | S2 |
16.04.2019 | 10:00 - 11:30 | S2 |
30.04.2019 | 10:00 - 11:30 | S2 |
07.05.2019 | 10:00 - 11:30 | S2 |
14.05.2019 | 10:00 - 11:30 | S2 |
21.05.2019 | 10:00 - 11:30 | S2 |
28.05.2019 | 10:00 - 11:30 | S2 |
Exams
- PWW-BA-12_Decision Theory - SE1 (SS 19, in Bewertung)