After a quarter century of sprawling study, it’s time to narrow the focus and settle on an explanation
The rise of passive investing leaves companies mistrusting market signals on how best to deploy capital
Valentin Haddad’s research looks at the phenomenon of “information aversion,” when individual investors stop tracking their portfolios for fear of bad news
Valentin Haddad’s research finds that insurers’ patient investing shields risky assets — and those who hold them — from steeper declines
Tyler Muir finds that neither war nor deep recession darkens investor sentiment like sudden turmoil in the financial system
Andrea Eisfeldt finds that hedge funds with infrastructure to execute sophisticated arbitrage crowd out less-expert investors
Results of financially weak firms are difficult to forecast; in uncertainty, Wall Street’s views are overly generous
An analysis of warrant trading reveals individuals’ poor grasp of complex securities
Managers, forced to inform a broader audience, choose not to gather information even for themselves
Entrepreneurs borrow between equity funding rounds with a strong record of repaying debts
Researchers’ model could quantify the risks in the growing movement to ease up on Dodd-Frank regulations
A unique data set provides fresh insights for the growing institutional investor market
Real-world bond data reveals how the capital positions and liquidity of middlemen affect prices of securities they broker
A team of experts makes the financial case that governments should spend more on nudging
New technology’s upending of the old creates demand for alternative assets to offset risk
Daily, weekly and monthly contribution schemes gauge behavior