Arts & Humanities
Institutional investors and information acquisition: Implications for asset prices and informational efficiency
The research of Dr Adrian Buss (INSEAD) and Matthijs Breugem (Collegio Carlo Alberto) explores how the growth of assets under management by institutional investors with relative performance concerns influences the efficiency of financial markets, asset prices and investors’ portfolio returns. The team have developed a theoretical framework which illustrates, among others, that ‘benchmarking’ distorts the informational efficiency of stock prices. […]
‘Remembering the Ladies’: Gender and Comedy in the Age of the American Revolution
At the time of the American Revolution, women, along with African and Native Americans, were excluded from political participation. However, this did not prevent them from contributing outspokenly through other venues of communication. One such venue was the dramatic literary genre, whereby women articulated their political opinions in plays. Ralph J. Poole, a German-American researcher who teaches as Professor of […]
The preference discovery process of creative goods
Creative goods are highly differentiated and require extensive learning. Growth of their consumption relies upon the ability of creators to surprise and seduce consumers into discovering new pleasures and adopting unfamiliar goods: novelty lies at the heart of the problem. Professor Louis Lévy-Garboua, from the Université Pantheon-Sorbonne (Paris 1) and Paris School of Economics, Centre d’économie de la Sorbonne (CES), […]