))
Episode #6 - Prospect Theory, Framing, and Mental Accounting Part 2
Manage episode 371583868 series 3485712
Contenu fourni par Dr. Bryan Foltice. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par Dr. Bryan Foltice ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.
In this episode, we continue our deeper dive on Prospect Theory. Here, we learn about framing and mental accounting that comes with our decision-making, in life and finance.
00:00 Introduction
01:49 Introduction to Framing - Positive/Negative
07:16 Auditory Framing
08:28 Visual Framing
11:05 Value Framing
15:44 Mental Accounting - (Sub optimally) Categorizing money, spending or financial events.
23:10 Mental Accounting and Tax Refunds (& House Money Effect)
25:23 Reference Point Dependence
34:59 Prospect Theory Applied to Horse (and Sports) Betting 1. Favorite/Longshot Bias 2. End of the Day Effect 3. Recency Effect
I hope you enjoy the content and learn all about the topic of Behavioral Finance. I've set up the first few podcasts as mini lectures of my Behavioral Finance course that I teach at Butler University each semester. The goal of this podcast is to provide a comprehensive look into the topic of Behavioral Finance - for free!
Support the show
Bryan Foltice Behavioral Finance Website - www.bryanfoltice.com
Instagram - www.instagram.com/bryanfoltice
Linkedin - https://www.linkedin.com/in/bryan-foltice-2578a116/
Disclaimer: www.bryanfoltice.com/cv
49 episodes
Partager
