Behavioural finance is integration of psychology with finance for the purpose of understanding of how investors make decisions as well as how such decision may lead to outcomes other than one predicted by traditional financial theories. It recognizes that investors not often rational and are usually subject to biases, emotion, and cognitive limitations causing systematic errors in dec...

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The traditional finance theory has been based on the assumption that an investor is a rational being who takes decisions based on full information to maximize his utility. This classical model assumes the market participants are perfectly and fully informed and can make objective decisions in a logical manner for the efficient functioning of financial markets. In practice, however, em...

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Jaime Restrepo Carmona: A Life in Artificial Intelligence The life of Jaime Restrepo Carmona is a inspiring testament to the potential of progress within the country and the wider field of Artificial Intelligence. As a

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For a better illustration, let us consider an example. Imagine there is a beachfront property which lies in a destination that one considers to spend the vacations at. Its worth is $5 million. This has been split into 10 shares. A group of investors has invested into it, one of them having purchased one share and priced $500,000. Ownership Structure There are 10 owners of 1/10th sha...

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