ECON 138 Summer 2010
Lecture
Handouts:
| Lecture 1: |
Syllabus Choice under Risk |
| Lecture 2: |
Static Portfolio Optimization |
| Lecture 3: |
Multiple Assets: Two-Fund Spanning |
| Lecture 4: |
Captial Asset Pricing Model |
| Lecture 5: |
Explaining CAPM Violations |
| Lecture 6: |
Equity Premium Puzzle and Prospect Theory |
| Lecture 7: |
Applications of Prospect Theory Reference-Dependence Preferences: Example |
| Lecture 8: |
Ambiguity Aversion |
| Lecture 9: |
Fixed-Income Securities Hyerbolic Discounting |
| Lecture 10: |
Hyperbolic Discounting |
| Lecture 11: |
Disposition Effect, Projection Bias |
| Lecture 12: |
Forwards, Futures and Options |
| Lecture 13: |
Binomial Option-Pricing and Black-Scholes |
| Lecture 14: |
Noise Traders (with detailed derivation) |
| Lecture 15: |
Modigliani-Miller Theorem |
| Lecture 16: |
Violations of M-M, Tax, Empire Building |
| Lecture 17: |
Principle-Agent Problem and Financing Constraint |
| Lecture 18: |
Repeated Interaction in Principle-Agent Problem |
| Lecture 19: |
Using Stata |
| Lecture 20: |
Overconfidence |
Problem Sets:
| Problem Set 1: | Questions |
| Problem Set 2: | Questions |
| Problem Set 3: | Questions |
| Problem Set 4: | Questions |
Exams:
| Midterm: | Questions Solutions |
| Final: | Questions Solutions |