新加坡国立大学周恕弘教授讲座暨第145期“华南经济论坛”

发布时间：2015-09-23 10:44:00 点击： 收藏本文

题目：Familiarity breeds investment if you have the right gene: A gene-brain-behavior study of familiarity bias in financial decision making

主讲人：周恕弘教授 新加坡国立大学

时间：9月24日(周四)下午15:00

地点：学院3楼会议室

欢迎广大师生积极参与！
 

【主讲人简介】周恕弘（Chew Soo Hong），新加坡国立大学讲席教授，国际经济计量学会的院士／会士(Fellow）。周恕弘教授是世界著名的决策理论和实验经济学家，曾执教于美国亚利桑那大学、约翰霍普金斯大学，加州大学尔湾分校，香港科技大学（担任讲座教授）。在Econometrica，Journal of Economic Theory等世界顶级学术期刊上发表大量论文。2011年他当选为国际经济计量学会（Econometric Society）的会士（Fellow），是这一世界上最著名的经济学协会自1933年创建以来的第11位华人会士。

讲座内容摘要：

       In his 1921 Treatise on Probability, John Maynard Keynes offered a striking hypothesis about decision making under uncertainty: "... if two probabilities are equal in degree, ought we, in choosing our course of action, to prefer that one which is based on a greater body of knowledge?" This hypothesis has led to two significant strands of thinking in the literature on decision making under uncertainty - ambiguity aversion, discussed in Daniel Ellsberg's seminal paper in 1961, and a preference for betting on the more familiar, articulated in several papers by Amos Tversky and his coauthors in the 90's. The latter papers further suggest that familiarity bias may underpin the equity home bias puzzle, first documented by Feldsteina and Horioka (1980) and French and Poterba (1991) and corroborated in the works of Huberman (2001) and Coval and Moskowitz (2002) providing evidence of a domestic home market bias. This talk will discuss findings from several experimental studies related to familiarity bias including one using molecular genetics and neuroimaging to establish a gene-brain-behavior link for a decision making disposition which may influence behavior at the level of the market.