3255 Steinberg-Dietrich Hall
3620 Locust Walk
Philadelphia, PA 19104
Research Interests: asset pricing models, behavior of futures prices, econometric modeling, market microstructure, mutual fund performance., stock market behavior
Links: CV
Can psychology really help us understand financial markets? Yes, say many academics. The subdiscipline of behavioral finance – which argues that investors are not as rational as traditional theory assumes and that their biases can affect asset prices – has gained ground over the past five years. Although behavioral finance attracts powerful criticism – and at times is clearly been oversold -- it seems to be growing up. Experts at Wharton and other business schools provide some perspectives.…Read More
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Wharton Magazine - 01/01/2011