Modeling Investor Behavior
Lecture no. 14 from the course: Advanced Investments
Taught by Professor Steve L. Slezak | 31 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Good investors are not necessarily those who can find good investments, but those who can predict what stocks others will pick. Learn how economists model investor behavior, focusing on the indirect utility function, which can predict people’s aversion to variations in outcome.