Chevron Left
Back to Behavioral Finance

Learner Reviews & Feedback for Behavioral Finance by Duke University

4.4
stars
3,340 ratings

About the Course

We make thousands of decisions every day. Do I cross the road now, or wait for the oncoming truck to pass? Should I eat fries or a salad for lunch? How much should I tip the cab driver? We usually make these decisions with almost no thought, using what psychologists call “heuristics” – rules of thumb that enable us to navigate our lives. Without these mental shortcuts, we would be paralyzed by the multitude of daily choices. But in certain circumstances, these shortcuts lead to predictable errors – predictable, that is, if we know what to watch out for. Did you know, for example, that we are naturally biased towards selling investments that are doing well for us, but holding on to those that are doing poorly? Or that we often select sub-optimal insurance payment plans, and routinely purchase insurance that we don’t even need? And why do so many of us fail to enroll in our employer’s corporate retirement plans, even when the employer offers to match our contributions? Behavioral finance is the study of these and dozens of other financial decision-making errors that can be avoided, if we are familiar with the biases that cause them. In this course, we examine these predictable errors, and discover where we are most susceptible to them. This course is intended to guide participants towards better financial choices. Learn how to improve your spending, saving, and investing decisions for the future....

Top reviews

SK

Feb 25, 2020

Good course! There is just one thing I would improve here - an explanation of the mistakes after the tests are done. This improvement should increase the student`s understanding of specific topics.

M

May 2, 2018

This course was a very good sum up of Daniel Kahneman's thinking fast and slow. Definitely recommend to everyone who would like to know more about our flaws or would like to refresh your knowledge.

Filter by:

1 - 25 of 884 Reviews for Behavioral Finance

By Dane C

Aug 29, 2016

By Cooper O

Jun 19, 2017

By Philipp B

Aug 14, 2016

By Ana A V M d F

May 3, 2017

By Gaurav S

May 14, 2017

By Yuki M

Apr 8, 2018

By Can H

Aug 8, 2016

By Severyn K

Feb 26, 2020

By Yuze Y

Dec 28, 2016

By mayukh m

May 17, 2020

By Szabolcs T

Nov 24, 2017

By Hilde K

Aug 12, 2016

By Maarten v D

Aug 21, 2017

By Jiaxing L

Sep 20, 2016

By Daniel S

Oct 16, 2018

By Jason N

Oct 21, 2020

By Chris-Anna L

Nov 12, 2020

By Tom F

Mar 11, 2018

By Simon C

Nov 18, 2020

By Rowena S

Nov 29, 2020

By NISHANT K

Oct 31, 2020

By Tiago F A M

Mar 22, 2018

By Anneth M R

May 7, 2017

By Nicki H

Jan 8, 2021

By Shivam S

Mar 16, 2020