B2216 - Decisions and Investments

Academic Year 2026/2027

  • Moduli: Umberto Cherubini (Modulo 1) Filippo Massari (Modulo 2)
  • Teaching Mode: In-person learning (entirely or partially) In-person learning (entirely or partially) (Modulo 1); In-person learning (entirely or partially) (Modulo 2)
  • Campus: Bologna
  • Corso: Second cycle degree programme (LM) in Applied Economics and Markets (cod. 6756)

Learning outcomes

At the end of the course, the student can use, derive, and understand the logic of rational decision theory (e.g., Expected Utility, Bayes' rule) and the main insight from Gambling Theory. Students will be able to understand the implications of the law of large numbers applied to repeated investment decisions in non-ergodic systems such as the stock market.

Course contents

At the end of the course, the student can use, derive, and understand the logic of rational decision theory (e.g., Expected Utility, Bayes' rule) and the main insight from Gambling Theory. Students will be able to understand the implications of the law of large numbers applied to repeated investment decisions in non-ergodic systems such as the stock market.

Assessment methods

final essay + presentation

Office hours

See the website of Filippo Massari

See the website of Umberto Cherubini