金融英文论文

金融英文论文（精选11篇）

1.金融英文论文 篇一

EDUCATION

/09~2006/06 Shanghai University of Finance& Economics

MAJOR: Banking and International Finance

GPA(major): 3.3/4.0

DEGREE: Bachelor

GPA(over all): 2.75/4.0

2006/09~/xx Cardiff University

MAJOR: International Economics Banking and Finance

DEGREE: Master

Research Experience

/10 “Gambling Analysis of Product Quality Reduction in Price War” (《价格战中产品质量降低的博弈分析》): Established a price competition mode, took the product’s quality and price as the manufacturer’s decision variable and inducted them to the model, made use of gambling analysis to explain the reason of simultaneous reduction of quality as well as price in the price war, analyzed price competition’s balanced economical condition when the product’s quality could change, proposed the solution of Pareto invalid question(帕累托无效问题) caused by price

2006/04 “Problem of RMBGlobalization” (《人民币的国际化问题》): Through researching on currency internationalization’s general rule and combining the actual situation of our country’s economy development, elaborated the problem of RMB internationalization’s advancement.

2.金融英文论文 篇二

关键词：金融全球化,金融风险,防范

Financial globalization is a double-edged sword, and its negative effects are that it impacts the existing financial system and changes the financial operations and management mode.This process contains tremendous financial risks, which increase the financial fragility in all countries.Under the financial globalization, financial risk is increasing, thus both developed and developing countries are facing greater risks and challenges.While developing countries have weaker resistance to financial risk and crisis than developed ones do, thus more vulnerable to the threat of the risk.If we China can take the correct preventive strategy meeting the challenge actively, we can seize the opportunity to achieve maximization of positive effects of financial globalization.

First, The connotation of the financial globalization

Since the 1990s, with the development of information technologyin financial globalization, the process of globalization has developed rapidly.Financial globalization is the financial activities that subject of the financial engaged in, and it is a expanding and deepening process in global scope. (Zhengyan, 2006)

It mainlypossesses such several characteristics

1, the development of information technology provides technological channel for financial globalization.Along with the Internet technology maturing, and the electronic currency, network bank and online transactions spreading around the world, global financial markets are connected as whole, and financial market homogeneity rises further.

2, financial innovations rise up endlessly.The need to meet the new technology conditions of competition and to avoid restrictive regulations and risks brought up financial innovation.These included innovation of both system and tools, such as credit system, equity derivatives and so on.

3, regional currency is during its globalization.The US dollar is still dominant in the current international monetary system.As valuation units, it is a common scale measuring countries’economic strength, and one of main valuation currencies of the international commodities markets.

Second, The understanding of the financial risk

Financial risk has become increasingly concentrated social risks with the biggest impact.The concentration of financial capitals, also make its manipulation factors and speculation mean more powerful.

Without the support of industrial capital, the uncertainty of financial capital operation and risks will be bigger.Once this concentration is accumulated to a certain degree, the risk will influence and even greatly destroy entity economic efficiency, and the entire social life order.

One-sidedly taking financial liberalization and financial market internationalization to drive the economy development, has made great conflicts andfrictions between the highly market financial system and the entity economy with lower marketization.The growing uncertainty caused by this system factors, makes potential hazard of financial turmoil and crisis the financial risks, which include credit risk, policy risk, risk management and crime risk.

Third, prevention and dissolving of financial risks

1, China should maintain the balance of international payments and stability of exchange rate, while raising the level of opening up.Now China should maintain the balance of international payments, also strengthen the management of foreign exchanges, and improve opening up in the financial industry. (Zhao Haijun) In addition, this opening up should be adapt to the regulatory level, including strict master of the market access conditions, and the introduction of financial institutions with good credits, strong abilities and high management levels.

2, China should establish monitoring system of capital flow risk.This system should include policy and monitoring system of capital flow risk control. (Zhengyan, 2006) Main function of establishing policy system of capital flow risk control is to reduce the negative impact of international capital flows by using policy tools including the anti-periodic measures, and capital controls.In addition, China should continue to adopt prudent debt policies, and take effective measures to control foreign debt risks, measures including perfecting enlending mechanisms, and strengthening the serving of foreign debts and risk control.

3, China should strengthen financial supervision, rectify financial order, and improve social credit.Effective prevention of financial systemic risk needs further improving of financial regulatory system, and realizing the change from administrative regulation to regulation according to law.China needs to strengthen the monitoring of systemic financial risks, and continue the antimoney laundering work to establish the effective mechanism to crack down on money laundering.

Fourth, conclusion:

Financial globalization not only for the modernization of China provides a rare opportunity and also provides useful warning, which reminds us to face the existence of financial risks, and to be careful in designing Chinese financial opening strategies.Only under this circumstance can China realize its own interests and avoid disadvantages in the process of globalization to realize the maximization of benefits.

References

Zhengyan:2006, Financial risks and China's financial safety in the course of Financial globalization (Finance and Economy, 2006 (5) , 20-23)

Zhao Haijun:What's controlling China's Economy

参考文献

Zhengyan: 2006, Financial risks and China's financial safety in the course of Financial globalization (Finance and Economy, 2006 (5) , 20 - 23)

3.金融管理专业英文简历 篇三

Education:

Graduate in Commerce, ABC College,

Post graduate in commerce, University of San Jose,

Associate degree nurse Stock Order

Objective :

To obtain the position of Assistant Bank Manager to explore my skills, knowledge and experience in financial sector.

Summary of Skills :

Excellent presentation and interpersonal skills

Good communication skills

Extensive knowledge of rapport building

Possess good leadership skills

Experience :

XYZ Global Bank, San Jose, CA

-present

Assistant Bank Manager

Responsible the duties of opening new saving accounts

Building new client relationships to increase business

Helped managers in identifying sales opportunities for numbers of branches

Handle the task of updating daily reports to the manager

Supervised and trained new employees

Optimized clients satisfaction with quality service

Make sure that merchandized stock orders as per the norms of the bank

New Banking organization, San Jose, CA

2004 -2007

Investment banking analyst

Helped customers’ senior management and senior bankers in executing capital market’s transactions

Responsible for the tasks of defining value entities and capital raising scenarios

Organized efficient financial models to analyze pro forma effects and forecast financial growth

4.金融行业英文自我介绍 篇四

i’m glad to introduce myself to you. my chinese name is , but you can call me , my english name. i was born and raised in guangdong, so i eak both cantonese and mandarin.

i’ll soon graduate from zhongshan university, majoring in accounting. i think you may have interviewed quite a lot of students from our school, so you know this major prepares us for cga and most courses are taught in english. my gpa is 3.6, it ranks number 9 in the 5 students in my grade. and i’ve passed 5 exams in cga, i anticipate i will get the cga qualification in XX.

besides having good academic performance, i was actively involved in student activities. i was in charge of student welfare in my class, and in the student union of our school. i enjoyed this position because what i did was very important to everybody, although it was mostly small details.

i had a three-month internship in guangdong zhengzhong accounting firm. i did the inventory check and helped the accountants to make the auditing reports. my boss was pleased with my performance and he asked me to recommend my classmate to join our team.

kpmg is my dream company. what’s more, i have great interest in joining the tax department as my long term career goal is to be a tax consultant. i wish my dream could come true today. thank you!

★ 金融行业自荐信

★ 金融行业经典语录

★ 信息技术行业英文简历

★ 金融导师英文简历

★ 金融行业辞职申请书

★ 金融行业经典HR面试题

★ 金融行业个人工作总结

★ 金融行业劳动合同范本

★ 人力资源行业个人英文简历

5.金融英文论文 篇五

Financial Resume Template

Contact Information :

1.Full name

2.Campus and permanent addresses

3.Telephone numbers

4.Email address

Career Objective :

A short statement of career objective is often useful at the top of your financial resume.Ideally, it should be short, precise and impressive.Summary :

When doing your financial resume writing, it is crucial that your strengths and qualifications are summarized at the top half of the first page.For example:

Chief financial officer with 15 years of corporate accounting and management experience.Expertise in accounting systems development, fiscal management and financial reporting.Proven record of developing and implementing financial and operational controls that improve Profit & Loss account.Areas of Expertise :

Proceed with your profile with the section Area of Expertise, and list keywords that are pertinent to your career choice for finance jobs.













 Financial and Strategic Planning P&L Management Auditing and Compliance Operating and Working Capital Budget Development and Management Merger and Acquisition Negotiations Cash Flow Management and Modeling Business Valuations

Emphasize Your Accomplishments :

Show quantifiable results of your workPresent

L.T.D.Consultants, Tuscon, AZ

Managed a six-figure diversified portfolio that has experienced at least 20% annual growth over the course of seven years.Conducted company research and analyzed profiles, identifying a number of startups that have yielded significant returns.Monitored account activity online.Investment Analyst, 1989-1994

Hoover Associates, Portland, OR

Prepared investment analyses for clients, including several with more than $500M in total assets under management.Communicated with sell-side analysts and company management.Assessed economic trends.Selected and monitored investments in bonds, banks, automotives, and biotech.EDUCATION :

University of Oregon, Eugene, OR

M.B.A., Finance, June 1994

University of Texas, Austin, TX

6.金融英文论文 篇六

1.An introduction to romance

In order to acquire a thorough understanding of the artisticcharacteristics of romance upon early English novel,it is necessary to give a brief account of romance.

A.Definition of romance

Romance is the most prevailing kind of literature form in feudalEngland."It was a long composition in verse,sometimes in prose,describing the life and adventure of a noble hero (Liu,2007,p.8)."As Chen Jia states that"Romances,alliterative and metrical,constitute the bulk of the literary works in England in the three centuries after 1066 (1982,p.33)."Based on these two similar definitions of romance,generally speaking,the central character of romance was the knight,a man of noble birth skilled in the use of weapons.The major theme of loyalty to king and lord was repeatedly emphasized in romance,and usually emphasized the chivalric love of the Middle Ages in Europe.

B.Romance in Middle Ages and Renaissance period

Romance was born in the Middle Ages of Europe and wonpeople’s taste immediately.In the Middle Ages,romance was usually written to the noble men,and has nothing to do with the common people.Most of the early middle Age romances depict an antique story in the guise of poetry.At the very beginning,romance appears in a verse form with obvious features of poetry,but the conversion from verse romance to prose romance has produced a revolutionary effect on the creation of romances,which paves the way for the coming of early English novel.Anyway,the invention of romances is a transitional literature form from narrative poetry to early English novel,and the contribution made by romances to the coming of English novel is,without doubt,very unique (Jiang,2005,p.18).In a word,the Middle Age romances are prelude of English novel,and we could hardly acquire a good understanding of English novel without some knowledge of romance (Gao,2003,p.14).

If we say the Middle Age romances are more like poetry,thenthe romances produced in Renaissance period are actually the infants of early English novel.

During the period of Renaissance of England,English romancesget a considerable progress,and hold a large number of readers.To name some of the best works,we have George Gascoigne's The Adventures of Master F.J.Robert Greene’s Pandosto,Philip Sydney's Arcadia.These works best exemplify the artistic characteristics of romances in the Renaissance period,and further mold the shape of early English novel.

Ⅱ.Artistic characteristics of romance

To some extent,we could state that romances provide us withan artistic model early English novel (Hou,2005,p.22).These general artistic characteristics of romance play a significant role in the formation of early English novel.As Li Weiping states,there are generally five major artistic characteristics of English romances (2003,p.30).They are as following:

Romances are inclined to present chivalric spirit and romanticlove,trying to make a perfect combination of these two.

Romances have a relatively free narrative form,which clearlyreveal the artistic taste and ideas of early writers in the process of exploring the ways of writing narrative essays.

Apparently,romances display artistic traces of poetry left uponthem,and rhetorical devices of poetry were frequently employed in romances which actually were based on narrative essay.

Romances were written from a relatively mature,sensitive,philosophical and civilized point of view,so they were favored by upper class intellectuals.

Early romances have already shown a sense of realism in theircontents.

Besides,there are still other subtle artistic characteristicsreflected in romances.For instance,the real description of natural surroundings,the psychological portrayal of characters,the relatively neat organization of plots,the sense of moral education,and the universal value of goodness,etc.As a matter of fact,the above artistic characteristics of romance paved a way for early English writers to exploit a new form of literature which immediately won the taste among people all over the world,that is,the birth of early English novel.

Ⅲ.Artistic characteristics of early English novel

The influences of romance upon early English novel areapparent to us,because the artistic similarities between romance and early English novel can never be ignored.Actually,early English novels always show traces of these influences clearly or subtly.

Stylistically speaking,romances often describe a hero whoexperienced lots of adventures in a remote past or somewhere unknown to us.This kind of work can easily arouse reader's interest as much as possible.Coincidentally,Early English novels are inclined to place its hero in a remote environment and envelop him in a series of adventures as well.Daniel Defoe is always regarded as the forerunner of English novel,and his work may best show us the races of romances left on early English novel.Defoe's masterpiece Robinson Crusoe tells us a seemingly realistic story in an autobiographic form.But in nature,Defoe uses his vast imagination to create a hero who has survived in a remote island for several years.Defoe uses his imagination to create a romantic story to reveal the spirit of the rising bourgeois class.

Thematically speaking,most of the romances extol for man's right to pursue happiness and deserved rights,which propose a contest against the religious doctrine that regards the pursuit of happiness as a kind of human deterioration.In Defoe's masterpiece,Robinson Crusoe,Robinson was born in a family of an old English gentle man who wants his son Robinson to become a lawyer,yet Robinson has set his mind on becoming a sailor.Here,Robinson's pursuit of happiness and freedom in right overshadow the senior man's order,which is a kind of rebellion against power.

The psychological painting in early English novel comes has itsorigins in romances.Romances depict the psychological world of its characters for the first time (Gao,2003,p.5).This kind writing style affect early English novel greatly.In the work of Sir Gawain and the Green Knight,Gawain is painted as a chivalric knight journeyed to meet a sever fighting.Although Gawain is not a real man,the psychological analysis of him is still presented vividly and analyzed as Sir Gawain encounters one strange event after another (Chen,1982,p.38).Well,in Pamela,or,Virtue Rewarded,written by Samuel Richardson and Tom Jones,written by Fielding's,the psychological movements of the characters are frequently presented.

Realistic description in early English novel also has somethingto do with romances.As (Jiang,2005,p.19) States that though romances are more romantic,fictional and chivalric,yet there are still realistic factors rooted in them.In Sir Gawain and the Green Knight,Sir Gawain is an imagined hero who experienced various adventures to challenge the Green Knight.Though many scenes in the story are fabricated,yet the elaborate descriptions of the seasons as well as the places and things witnessed by the hero in the course of his adventure are real reflection of nature (Chen,1982,p.38).It is a sort of realistic presentation of environment.

The artistic characteristics of early English novel show itsintimate relationships with romances.But we should bear in mind that romance is still different from novel in many ways,and it is improper to mix these two literature genres.One thing needs our attention is that romance is a Middle Age literary product which opens the door for diverse flourishing of English literature genres,especially English novel.

Conclusion

Romance does lose its popularity among people's readingflavor,but the abundant literary heritages left by romance are definitely a body of legacies for literature.The artistic characteristics of romance merit our focus if we want to get more knowledge about the birth of English novel.

摘要：英文小说的产生包含了各种复杂的因素,诸如古代希腊文,罗马神话,浪漫主义以及其他复杂的社会因素。在这些因素当中,浪漫主义对英文小说的形成有着密不可分的关系,本文旨在分析浪漫主义的艺术特点对早期英文小说的影响。

关键词：浪漫主义,艺术特点,影响,早期的英文小说

参考文献

[1]、陈嘉.英国文学史[M].北京:商务印书馆,1982;33-39.

[2]、高继海.英国小说史[M].北京:中国社会科学出版社, 2003:3-15.

[3]、侯维瑞.李维屏.英国小说史(上)[M].南京:译林出版社, 2005:18-35.

[4]、蒋承勇.英国小说发展史[M].浙江:浙江大学出版社, 2005:18-22.

[5]、李维屏.英国小说艺术史[M].上海:上海外语教育出版社,2003;2-30.

[6]、刘炳善.英国文学简史[M].郑州:河南人民出版社,2007;8-10.

[7]、左金梅.张德玉.英国文学[M].青岛:中国海洋大学出版社,2004;17-20.

7.经济和金融学英文简历 篇七

Strong ERP system design background and knowledge of large database, sufficient experience in using different manufacture and service MIS.

Sufficient experience with US GAAP , SEC 10-Q,10-K and SOX.

***working independently under pressure or as a cooperative team membe.

Can refine the financial working procedure and internal control standard effectively. Target Job： Desired Job Category: Accounting Supervisor/General Ledger Reconciliation | Financial Director/Financal Controller | Financial Manager | Accounting Manager/Supervisor Desired Job Industry: Electronics/Micro-electronics | Telecommunications (Equipment/Operation/Value-Added Service) | Professional Service (Consultancy/Accountancy/Legal) | Pharmaceuticals/Biotechnology | Machine Manufacturing/Heavy Industry Desired Salary: Negotiable Desired City: *** I can start from: within 1 month Work Experience ： 20xx.3-20xx.2 Present *** Science Inc.

Corporate Finance Controller

Responsibilities and Achievements:

Control the overall finance and fiscal management for eight affiliated companies, including the companies of medical vaccine R&D, blood serum manufacture, culture medium manufacture, medical instrument retail trade, and investment, located in different provinces or countries.

Oversee and approve the processing of revenue, expenditure, data entry, ledger update, department budgets, account maintenance, cash flow forecast and etc. Develop and implement finance, accounting, cost, asset, cash and auditing procedures. Establish and maintain appropriate internal control safeguards.

Prepare and ensure the financial statements, consolidated financial reports (include 10K & 10Q to SEC), and business analysis comply with local, government, SEC policy and the BOD oversea budgetary reporting requirements.

Evaluate, coordinate, approve, implement and improve the financial programs and financial and management information systems (ERP) for the whole company.

Communicate with other managers and the BOD, to provide consultative support, through financial and management information analysis, government policy research, to corporate business planning and investing initiatives. Such as the acquisition performance or joint venture set up. Include investment project forecast, feasibility appraisal, return rate analysis, finance due diligence, project asset evaluation, and law issue study, equity structure design.

Responsible for finance & operation integration of additional subsidiary company, include former employee training, finance management upgrade, embedding corporate finance & internal control policy and etc. 20xx.11-20xx.3 ***Asia Pacific, ltd

Finance Controller

Responsibilities and Achievements:

As the project manager, newly set up QAD system(ERP). Use the QAD to complete and continuously improve the working process and procedures with Production, Logistic, Purchase and Sales department, make sure all the operations are under system control, reconcile with each other, comply with internal control policy, and make sure all of the QAD activities is in line with related laws and rules of the SAFE, Tax Bureau, Custom and Bank(Export VAT Refund); Responsible for all the accounting practice of company, including financial planning, budgeting, creating month end financial reports, and preparing year-end reports for tax and business purposes and to oversea corporate, ensure timely reporting with high quality as well; Establish budgetary control systems and monitor compliance to budgets. Prepare analysis of data for management and executive board members. Lead and manage an efficient accounting and finance dept. Conduct standard cost set up and analysis, administer payroll affair, Maintain close working relationships with tax bureaus and all relevant governmental authorities as well as with independent auditors; Responsible for cash flow management, cash flow forecast, handling the financing in the authorized fields(Bank Loan, Foreign Loan and Capital Increase) to accomplish new factory, and etc. 20xx.8-20xx.11 ***Company of *** (China) Investment Co., Ltd

Finance Supervisor

Responsibilities and Achievements:

With Platinum, Crystal Report system, Hyperion and E-business system, handle two full sets of accounting books，including a investment co. and a trading company Produce consolidation monthly financial and Managing reports of PRC GAAP & ***GAAP to local and overseas management，Responsible for cash flow management, cash flow forecast，reconciliation AR/AP with affiliate company, Self assessment, Edit and improve internal control policy to comply with SOX，Liaise with inter-offices and external parties, including auditors, tax bureau, suppliers, clients，Conduct administration of payroll affair，Perform monthly variance and analytical review on financial reports between actual and forecast data, Refine finance and related business process, and etc. Education ： .9-20xx.6 University of***

Master

Major Category:

International Finance

Major Description and Courses:

8.英语翻译金融-英文简历制作 篇八

姓 名：xxx小姐国籍：中国 目前所在地：广州民族：汉族 户口所在地：广东省身材：158 cm 47 kg 婚姻状况：未婚年龄：23 岁 培训认证：诚信徽章：求职意向及工作经历人才类型：普通求职 应聘职位：英语翻译：英语翻译、外贸/贸易专员/助理：外贸人员、 工作年限：0职称：无职称 求职类型：全职可到职日期：随时 月薪要求：1500--2000希望工作地区：广州 深圳 个人工作经历：公司名称：永勤公司起止年月：2007-07 ～ 2007-09 公司性质：其它所属行业：造纸，印刷，包装 担任职务：文员 工作描述：我在职期间主要是负责协助领导办公 离职原因：教育背景毕业院校：广东金融学院 最高学历：大专毕业日期：2009-07-01 所学专业一：文秘所学专业二： 受教育培训经历：起始年月终止年月学校(机构)专 业获得证书证书编号 -092009-07广东金融学院文秘全国大学英语4级证书 秘书证书语言能力外语：英语 良好 国语水平：良好粤语水平：良好工作能力及其他专长计算机水平：

熟悉Windows操作系统，能熟练操作MS OFFICE的办公软件，进行文档处理。

语言能力：

英 语 ：通过CET—4(432分)、CET—6(410分)

具备良好的听、说、读、写能力

普通话：能准确地书写，流利地交流

粤 语 ：良好。详细个人自传本人性格开朗，勤学上进，待人热情真诚，工作认真负责，积极主动,具有团体协作精神。

9.夏之眠(英文) 篇九

And dress by yellow candle-light.

In summer,quite the other way,

I have to go to bed by day.

I have to go to bed and see

The birds still hopping on the tree,

Or hear the grown-up people’s feet

Still going past me in the street.

And does it seem hard to you,

When all the sky is clear and blue,

And I should like so much to play,

10.金融英文论文 篇十

Some 12 per cent of managing directors, the level just below the board, are now women, up from 6 per cent a year ago, while 19 per cent of directors and vice-presidents are female, up from 14 per cent, said the financial recruiter Astbury Marsden.金融猎头公司Astbury Marsden表示，如今大约有12%的董事总经理（其地位仅在董事会之下）是女性，而一年前的这个比例只有6%；此外，如今19%的董事和副总裁为女性，而一年前这一比例只有14%。Women now account for one in five professional-level City employees, up from 18 per cent in 2012.伦敦金融城的专业人士中，如今女性占五分之一，而2012年这一比例为18%。However, women still predominate in non-client facing, non-fee earning jobs – making up 60 per cent of City human resources professionals and 40 per cent of internal auditors, but only 19 per cent of corporate brokers and stockbrokers and 25 per cent of private equity workers.然而，女性占优势的仍然是那些不需要面向顾客、无佣金可赚的岗位。伦敦金融城从事人力资源工作的专业人士中，60%是女性，40%的内部审计人员是女性，而公司经纪人和股票经纪人只有19%是女性，私募股权员工中女性所占比例则为25%。

Mark Cameron, Astbury Marsden’s chief operating officer, said: “Our research demonstrates

[that more] women working in the City are now breaking through the glass ceiling and reaching senior management positions.Astbury Marsden首席运营官马克•卡梅伦(Mark Cameron)表示：“我们的研究表明，如今在伦敦金融城有（更多）女性突破玻璃天花板走上了高级管理岗位。

“However, there is also the question as to why the women have a much lower overall

representation in some of the higher paid areas of financial services such as corporate broking and stockbroking or positions in private equity.”“然而，目前仍存在的一个问题是，在部分薪水较高的金融服务岗位，例如公司经纪、股票经纪、私募股权等领域的工作岗位，为什么女性的占比整体上要低得多？”

11.金融英文论文 篇十一

2011—2012学年度第二学期期末考试（B卷答案）

开课单位：

国际商学部

课程名称：

行为金融学

任课教师： 郑勇

考试类型：

闭卷

考试时间：

分钟

一．Differentiate the following terms/concepts:(40)1.Better-than-average effect and illusion of control

The better-than-average effect refers to the tendency for a person to rate himself as above average.If you are subject to illusion of control, this indicates a tendency to think that you have more control over events than can objectively be true.2.Mood and emotion A mood is a general feeling that does not focus on anything in particular, whereas an emotion is a mental and physiological state defined by observable features.3.Good company and good stock A good company has positive attributes such as a strong management team.A good stock is one you expect to outperform in the future.If markets are efficient there are no good or bad stocks.4.Sensation seeking and overconfidence Overconfidence in its various manifestations has been extensively discussed in the chapter.Sensation-seeking on the other hand is a personality trait whose four dimensions are thrill and adventure seeking(i.e., a desire to engage in thrilling and even dangerous activities);experience seeking(i.e., the desire to have new and exciting experiences, even if illegal);disinhibition（去抑制）(i.e., behaviors associated with a loss of social inhibitions);and boredom susceptibility（厌倦情感）(i.e., dislike of repetition of experience).5.Regret and disappointment Regret and disappointment are negative emotions.When a person is disappointed he is unhappy about an outcome.With regret the person is also sorry about a decision that cannot be changed, but regret is a stronger emotion than disappointment.1 二.Answer the following questions:

1.Why are two people who witnessed the same event last month likely to describe it differently today? Memory is very imprecise（记忆不准确）.The common view that past experiences have somehow been written to the brain’s hard-drive and are then retrieved, even if at considerable effort, is not the way our brain works（脑袋运作）.In fact, memory is reconstructive（重构的）.Therefore people in remembering some event will reconstruct it in different ways.2.Is miscalibration greater for easy questions or hard questions? Is it greater when we look at 50% confidence ranges or 98% confidence ranges? Miscalibration tends to be greater for hard questions.Sometimes one can even be underconfident in the case of easy questions.This is called the hard-easy effect.Also, miscalibration tends to be greater in the tails(98% ranges vs.50% ranges).3.Put yourself in the place of an equity mutual fund manager.Think of all the stocks you might select for inclusion in the portfolio.How would emotions enhance your decision-making process? Emotions help the decision-maker sift through that mountain of available information and make a decision when one needs to be made.4.In Canada there are two official languages, French and English.Some Canadian corporations are headquartered in Quebec where French is the official language.Most however are headquartered outside Quebec where English is dominant.Would you expect Quebecers to invest more in Quebec companies, and non-Quebecers to invest more in companies based outside Quebec? Also, do you think the first language of the CEO might matter in accounting for investor preferences?（你认为CEO的第一语言可能对解释投资者偏好关系重大吗？）Explain.We would expect to see the same as in the study using Finnish data where the two languages/ethnicities（种族）were Swedish and Finnish.Specifically, we would expect to see English-speaking investors(Non-Quebecers)preferring companies based outside of Quebec and French-speaking investors（Quebecers）preferring companies based inside of Quebec.Similarly, we might expect to see a preference on the part of English-speaking investors for English-speaking CEOs(and the same for French-speaking investors).5.What evidence is there that people do not diversify enough? Why is it that this occurs? What is the simplest way to “buy” a high level of diversification in an equity portfolio? In one study 3,000 U.S.individual portfolios were examined.Most held no stock at all.Of those households which did hold stock(more than 600), it was found that the median number of stocks in portfolios was only one.And only about 5% of stock-holding households held 10 or more stocks.Most evidence says that to achieve a reasonable level of diversification, one has to hold more than 10 different stocks(preferably in different sectors of the economy).Thus it seems clear that many individual investors are quite under diversified.三．Calculating and explain(20)1.Which description of Mary has higher probability? a.Mary loves to play tennis.b.Mary loves to play tennis and, during the summer, averages at least a game a week.Explain your answer.Define the conjunction fallacy.How does it apply here? Assume for the purpose of illustration that the probability that someone loves to play tennis is.2;the probability that someone plays tennis once or more a week during the summer is.1;and the probability of one or the other of these things is.22.Pr(loves tennis)=.2 Pr(loves tennis AND averages 1+)= Pr(loves tennis)+ Pr(averages 1+).22 =.08 The second probability has to be less because it has one more requirement(not only do you have to love tennis but you also have to play regularly, but some tennis lovers might just be too busy to do this).When people commit the conjunction fallacy(the belief that the joint probability is more likely than one of its components), they will think the second(joint)event is more likely because it sounds logical that someone who loves tennis will also play regularly.2.Consider two investors(A and B)with the following demand curves for a stock:

A: p = 100-q