

MSGF Finance Seminar - Irrational Investors
May 5 2022 (Thu), 20:00-21:15 Hong Kong Time Standard models of financial markets assume people behave rationally. Behavioral Finance builds on this foundation by taking insights from cognitive psychology (i.e. overconfidence) to explain puzzling observations in asset prices that cannot be explained by reason. In this seminar, Prof. Utpal Bhattacharya will give several examples from his research on Behavioral Finance: superstitious traders in Taiwan, haunted houses in Hong Ko