Associate Professor of Finance
Lars Lochstoer’s main research interest is asset pricing, where he focuses on the relation between the real economy and financial markets, as well as the pricing of derivative instruments. Lochstoer joined the UCLA Anderson faculty as associate professor of finance from Columbia University, where he was Gantcher Associate Professor of Business. Prior to his academic career, Lochstoer worked as a quantitative analyst at Carnegie Asset Management in Norway.
Investors initially underreact to volatility, then overreact
Inexperienced investors, lacking historical context, impact markets