(3 units). Key theoretical paradigms of modern finance. Arbitrage, expected utility, risk aversion, trade-offs between risk and return, behavioural and the concepts of prospect theory, framing, mental accounting, agency relationships, and information asymmetry. Course Component: Discussion Group, Lecture Prerequisite: ADM 2350.
(3 units). Key theoretical paradigms of modern finance. Arbitrage, expected utility, risk aversion, trade-offs between risk and return, behavioural and the concepts of prospect theory, framing, mental accounting, agency relationships, and information asymmetry. Course Component: Discussion Group, Lecture Prerequisite: ADM 2350.
