Our previous lecture was about behavioral finance

上节课讲的是行为金融学
and it was about human failings.

它与人性弱点有关
I think that we to motivate a lot of our regulation of

因为人们犯下了种种错误
financial markets by the kinds of errors that people make.

所以我们应当促进金融市场的监管
I wanted to list a few errors that are well-known

我先罗列一些大家熟知的错误
and that are exploited by unscrupulous people in finance.

这些错误常常被无良的人在金融领域中利用
I think they motivate a lot of what

我认为他们促进了这些...
--I'm going to write a number of principles of behavioral finance down

我先写一些行为金融学的原理
and just mention them briefly and then return to regulation.

只是先简单地过一遍再回到市场监管
These are things from the field of psychology.

这些原理源自心理学
Wishful thinking.

第一一厢情愿
This refers to the fact that people-

指的是人们...