Currículo

FinLab FINL

Contextos

ECTS

3.0 (para cálculo da média)

Objectivos

This course seeks to give students an initial background in the growing field of experimental finance. The main goal of FinLab is to provide students with better understanding and awareness of behaviour in financial markets through participation in experiments and analysis of experimental data. In addition, students will be able to operate in real-time financial markets by playing a simulated portfolio game.

Programa

1. Introduction to Experimental Finance 1.1. Why experiments? 1.2. Strengthens and weaknesses of the experimental method 1.3. Differences between experimental and behavioural finance 2. Risk preferences 3. Time preferences 4. A Limit Order Asset Market 5. Information Cascades 6. Bank runs 7. Trust and moral preferences 8. Auctions 8.1. Private value auctions 8.2. Common value auctions 9. Simulated portfolio game 10. Field experiments in Finance 11. Nudge Theory 11.1. Nudge and financial literacy 11.2. Nudge and savings

Método de Avaliação

The course will be taught following a “learn by doing” approach. First, students will participate in the experiment on that week’s discussion topic and will solve a lab report. The behaviour of the experiment, the lab results, and the underlying theories will be then discussed in the class. Besides the experiments, which will last approximately an hour, students will have the opportunity to construct and manage a simulated investment portfolio. Students will work on a final project which consists of a design of an experiment. The evaluation is done as follows: - Lab reports: 35% - Group Experimental Design Project: 20% - Attendance to classes and experiments and class participation: 10% - Final Exam: 35%.

Carga Horária

Bibliografia

Não foi definida bibliografia principal

Disciplinas de Execução

2025/2026 - 2 Semestre