Videos on behavioral economics and behavioral finance (overconfidence...)
Videos on Behavioral Economics and Behavioral Finance (overconfidence...)
Many of you know that I like behavioral economics. Here is a short video (with Dan Ariely from Duke University) which explains what it is. http://www.youtube.com/watch?v=Fa-mIosWOK8
If you want to learn more about behavioral finance and the role of Psychology, here is a long and popular video (viewed 80,000 times!) of a class of Robert Shiller, Professor of Economics at Yale University.
http://www.youtube.com/watch?v=0ZLNbxWH8Lc
This video shows:
-The stock market and the random walk looks the same
-Some charts of the stock market since 1870, including some comments about the great depression
-Human behavior and the role of overconfidence (for men and women) with some experiments
-Prospect/Utility Theory-How people make choices…
This newsletter was first published in August of 2010
http://bourbon-fm.com/file/BFM_Newsletter_09_2010_Video_Ariely_Shiller.pdf