Behavioral finance is the integration of psychology and finance. Using the tenets of psychology – the study of how the mind works – behavioral finance delves into the decision-making process under conditions of uncertainty – in this case, the market. In this course, Philip Maymin, PhD, will introduce the concept of behavioral finance and its history as well as the definition of rationality and what it means to be “rational.” He will focus questions of arbitrage, limits to arbitrage, market over- and under-reaction, common investor biases and the ways in which investors’ decision-making deviates from rational process. Most importantly, Dr. Maymin will frame these discussions around what these concepts mean for the nonprofessional investor when making decisions about finance – or other areas of life – in an uncertain environment.
This course provides an introduction to the human genome, including both description of relevant concepts as well as practical experience using Web-based bioinformatics tools to analyze DNA and protein sequences. Attendees will learn the structure and features of the human genome and the main types of variations that occur. They will be introduced to the three main online gateways where they will analyze both a single gene and gene sequences as well as explain how software programs predict the clinical significance of DNA variants.
The average life span is increasing across the globe, and with it the social and economic concerns of caring for an aging population. Dr. Brian Levine, a board certified clinical neuropsychologist and expert on human memory, will explain the processes underlying healthy brain aging, how healthy aging is differentiated from dementia and how the major dementia syndromes are recognized.
Cosmic Frontiers offers an introduction to cutting-edge research in modern astrophysics and black hole physics from the front lines of those investigations. In the first part of this 2-part series, Pankaj Joshi, PhD and Senior Professor at the Tata Institute of Fundamental Research, will take you through the important developments of the past decades. In Part I he will also discuss the implications of Einstein's theory of gravity, the need for a quantum theory of gravity, recent discoveries in black hole physics and other important topics.
In Part II of this 2-part course, Dr. Pankaj Joshi will focus on cutting-edge research, theories and developments in astrophysics and cosmology today. Students will learn how black holes and space-time singularities arise, their unusual properties and relationship to other phenomena such as quasars. Dr. Joshi will also discuss how investigations into the gravitational collapse of massive stars relate to quantum gravity theory and the implications for our understanding of the universe.
For any disaster, government resources are vital, but not enough. It takes a village to both prepare for and respond to any catastrophe, including businesses, nonprofits, community and faith-based groups, individuals as well as all levels of government. In this class, Dr. Yuko Nakanishi will explain the guidelines, plans and resources available through FEMA for the entire community to work together to build a safer future. These resources include the National Incident Management System, National Response Framework and National Preparedness System, which together provide a consistent and scalable approach to develop the skills needed for an effective response. Students will learn best practices of an effective strategy as well as the roadblocks that impede it.
Get an inside look at cutting-edge research in particle physics with Don Lincoln, PhD, who was on the teams that discovered the Higgs boson and the top quark. In this course, you'll gain a wide perspective of our modern understanding of the universe, beginning with a historical look at how scientists came to this understanding and moving into the exciting new theories and questions being explored using particle accelerators like the Large Hadron Collider. You'll also explore topics of dark matter and energy as well as the connection between cosmology and what particle physics can tell us about how the universe began.
In a nutshell, quantum mechanics is a complicated set of mathematics used to predict the behavior of microscopic particles, and the mathematics of the theory is well understood. It provides the foundation for the best-confirmed theories of matter, describing how the microscopic world affects the macroscopic one. While it is the most successful theory we have, there are several issues, the most controversial being that there is little agreement as to how to interpret it. What is this microscopic world like, according to quantum mechanics? In this class, Dr. Jonathan Bain will discuss the development of quantum theory from both the mathematical and conceptual perspectives, as well as two proposals for interpretation. He will also focus on issues surrounding quantum information theory and applications such as quantum teleportation, quantum computing and quantum cryptography.
Every project requires the right tools, and for civic planners and transportation engineers, using the right modeling tool for data gathering and analysis is essential. Computer advances have allowed the development of the "multi-resolution model," which is a powerful suite of models that can both diagnose critical areas and assess future strategies and policies. In this course, 30-year industry expert Vassilis Papayannoulis, PhD, will explain the sub-models that comprise the multi-resolution model, the pros and cons of each, how it supports planning at various levels and much more.
Engineering standards for designing buildings and structures to safely withstand wind load are highly complex. In this course Dr. Emil Simiu, fellow at the National Institute of Standards and Technology (NIST), will provide structural and architectural engineers with the practical knowledge and tools needed for the design of structures for wind loads. Taking an intuitive approach, Dr. Simiu uses real-world examples and studies to demonstrate how to interpret and use the provisions of the ASCE 7-10 – standards developed by the American Society of Civil Engineers to identify minimum design loads. He will also cover issues with aerodynamic testing in wind tunnels and how to interpret those reports as well as the modern capabilities of database-assisted design.
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