NOTE 1: Youve to read Ch. 9 ahead (Text: Bazerman, Max H. & Moore, Don A. (2013). 8th ed. Judgment in Managerial Decision Making, Hoboken NJ: John Wiley & Sons. ISBN: 978-1-118-06570-9) and do this assignment

Part 1: If you have investments, describe how you might manage them differently now that youve read Chapter 9 (write 1-2 pages). If you already make your investment decisions in ways that are consistent with the advice in Ch. 9 (Common Investment Mistakes), explain how you have done so. Note that a few years ago online apps like Robin Hood forced many online retail brokerages to adopt "no-fee" policies for trading. If you trade stocks in such an app, then the issues associated with the costs of commissions wouldn't apply. "No-fee" apps like Robin Hood may have other downsides though, like delays for order placement in some circumstances or actual failure to execute the trade in other circumstances.

NOTE 2: If you dont have investments and cant meaningfully respond to the first part of this assignment, repeat part 2 for a second article.

Part 2: Locate one academic article (peer-reviewed & full text) through any library with scholarly literature on one of the behavioral finance topics discussed in Chapter 9. Read that article and summarize what you learned (1-2 pages). Try to read critically and explain in your summary why the article would be useful to someone who manages financial assets. (Dont just arbitrarily pick an article try to find one that interests you.) It should be an article from 2010 or later if at all possible.

REMEMBER that the text emphasizes the transaction costs (commissions and fees), which may no longer apply as fee-free trading has grown over the last few years. Other aspects of the chapter may still apply and be useful for your discussion of Part 1.