A bit about myself, I'll be starting as a second year analyst in S&T at a BB bank this June. I come from a family of academics, and it is expected that down the road I will be getting a PhD. I am currently finishing up a MSc in Accounting and Finance at the LSE. I intend on working for many years, and then "retire" as a professor (I love to write, and do not count publishing as work).
My questions are: What are the best universities for behavioural finance? Who are the leading experts in the field at the moment? And pretty much anything about the subject matter.
I know that between now and 10-20 years things can change a lot, but I intend on publishing while working at the same time. (I'll be selling structured products and derivatives... I'll have time...)
I'll be bugging my professors at LSE in the meantime, and my old professors back home in the US. They told me to go and get a PhD now, too bad greed got in the way
the list is pretty long but some most famous professors in behavioral finance are:
1. Daniel Kahneman - Noble Laurate
2. Richard Thaler - Chicago
3. Andrea Slifer
4. Jermy Stien
5. Josef Lakonishok - UIUC
6. D. Ikenberry
7. S Lee
8. K Chan
9. L Chan
10. N Jegadeesh
12. Robert Shiller and many others.
they believe markets are not efficient and perfect i.e. market do not process the information instanteneously. so there are possibility of making abnormal return.
the opposite of behavioural finance is efficient market hypothesis (theory). the proponents of EMH are:
1. Gene Fama
2. Ken French
3. Burton malkiel
EMH theorist believe markets are perfect. so making an abnormal return is not an easy task.