AUSTIN, Texas — Wishful bettors, those who make overly optimistic investments, will ultimately harm themselves financially, but they can harm entire markets as well, new research shows.
In the paper, “Contagion of Wishful Thinking in Markets,” researchers from The University of Texas at Austin and Cornell University demonstrate how wishful betting can contaminate beliefs throughout markets, [...]
Seybert Research: Wishful Betting Can Contaminate Financial Markets
March 12th, 2009 · Filed under: Faculty News · Research
Posted by Rob Meyer
Tags: · Accounting research, behavioral finance, investing, Nicholas Seybert, stock market, wishful betting, wishful thinking
Accounting Prof. Williamson to Discuss Aspects of Worker Productivity
February 27th, 2009 · Filed under: Events · Research
Posted by Tracy Mueller
Measuring and Motivating Quantity, Creativity or Both
Who: Michael Williamson, Professor of Accounting
What: Faculty Research Series
When: Thursday, March 5, 5- 6 p.m.
Where: UTC 1.102
Free pizza and drinks!
Professor Williamson examines how worker productivity differs when compensation is based on quantity, creativity, or the product of both measures.
Tags: · Accounting research, Faculty Research Series, McCombs research, Michael Williamson, worker productivity
