Behavioral Finance

The purpose of this assignment is to explain the importance of behavioral finance and describe the difference between classic and behavioral finance theory. You will also explore how biases effect our decision-making. Please answer that question in your own words.

Discuss in detail the differences and similarities between classic finance theory and behavioral finance theory.

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Include detailed examples of both classical and behavioral finance situations. Be sure to identify the biases you present in these examples. Explain how biases can affect our decision-making. Provide an example.

To conclude, in your own words, explain why behavioral finance is important. Submission Requirements Your papers for this course should include substantial academic research beyond the textbook. Select academic papers addressing the topic for their contributions and findings.

Simply reiterating the textbook is not meeting the expectations for these written assignments.

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