Lin Peng | |
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Academic background | |
Alma mater | Duke University |
Thesis | Information and asset prices (2002) |
Lin Peng holds the Krell Chair in Finance at the City University of New York. She is known for her work on behavioral economics.
Peng received her M.A. in biology from Wesleyan University in 1998. She earned a Ph.D. from Duke University in 2002. As of 2024 she holds the Krell Chair in Finance at the City University of New York. [1]
Peng is known for her work on social networks and behavioral economics. She has examined how memes impact people's view of financial markets. [2] In 2022 [3] she quantified the impressions people gather from images to consider the reliability of a financial prediction. [4] [5]
Financial economics is the branch of economics characterized by a "concentration on monetary activities", in which "money of one type or another is likely to appear on both sides of a trade". Its concern is thus the interrelation of financial variables, such as share prices, interest rates and exchange rates, as opposed to those concerning the real economy. It has two main areas of focus: asset pricing and corporate finance; the first being the perspective of providers of capital, i.e. investors, and the second of users of capital. It thus provides the theoretical underpinning for much of finance.
The efficient-market hypothesis (EMH) is a hypothesis in financial economics that states that asset prices reflect all available information. A direct implication is that it is impossible to "beat the market" consistently on a risk-adjusted basis since market prices should only react to new information.
Behavioral economics is the study of the psychological, cognitive, emotional, cultural and social factors involved in the decisions of individuals or institutions, and how these decisions deviate from those implied by classical economic theory.
Eugene Francis "Gene" Fama is an American economist, best known for his empirical work on portfolio theory, asset pricing, and the efficient-market hypothesis.
In contract theory, mechanism design, and economics, an information asymmetry is a situation where one party has more or better information than the other.
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Michael Cole Jensen was an American economist who worked in the field of financial economics. From 1967-1988, he was on the University of Rochester's faculty. Between 2000 and 2009 he worked for the Monitor Company Group, a strategy-consulting firm which became "Monitor Deloitte" in 2013. Until 2000, he held the position of Jesse Isidor Straus Professor of Business Administration at Harvard University.
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Orly Sade is a financial economist based out of the Hebrew University of Jerusalem who has been noted for her research regarding behavioral and experimental finance and crowdfunding platforms. Sade is the Israel Associate Professor of Finance at the Department of Finance, School of Business Administration at the Hebrew University of Jerusalem. She is the first female professor in the field of finance at Hebrew University.
Petra Persson is a Swedish economist and Assistant Professor in Economics at Stanford University. Persson is best known for her work in Public and Labour Economics where her research focuses on the interactions between family decisions and the policy environment. Specifically, Persson's research agenda is centered on studying government policy, family wellbeing, and informal institutions.
Paola Sapienza is an American and Italian economist. She is a member of the Kellogg School of Management faculty at Northwestern University. She is also a research associate at the NBER and CEPR. Her fields of interest include financial economics, cultural economics, and political economy.
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Guido Baltussen is a Dutch economist who is professor in Behavioral Finance at Erasmus University Rotterdam and Head of Factor Investing and co-head of Quant Fixed Income at Robeco Asset Management.
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