This course centers on the probably most important and most thoroughly tested concept in modern finance, the efficient market hypothesis (EMH). This is done in a very practical way as we will focus on experimental studies on topics which are of interest for every investor.
Hence, the course covers issues such as: how is information incorporated into prices, the performance of professionals/insiders/private investors; the origins of bubble formation; the efficiency of real financial markets; the impact of financial transaction taxes on market efficiency and volatility, etc. Department of Economics and Business.
Period
16-07-2012 - 03-08-2012 (3 weeks)
Target group
MA
Course aim
Please see website for further information.
Credits
5.0 ECTS credits
Course fee
EUR 1: Please see website for further information: http://www.au.dk/en/summeruniversity/application/tuitionfeeandparticipationfee/
Course leader
Thomas Stckl, University of Innsbruck
Aarhus University International Centre
Address: Hoeg Guldbergs Gade 4, building 1650 Aarhus C
Postal code: 8000
City: Aarhus
Country: Denmark
Website: http://www.au.dk/summeruniversity
E-mail: SummerUniversity@adm.au.dk
Phone: +45 8942 2320
Behavioral and Experimental Finance
