Gertjan Verdickt
@gertjanv.bsky.social
Finance lecturer at the University of Auckland, specializing in financial history with interests of behavioral and wine economics on the side. Running enthusiast and mountain aficionado.
Website: www.verdickt.eu
Website: www.verdickt.eu
Pinned
Gertjan Verdickt
@gertjanv.bsky.social
· Nov 17
I made a "starter pack" for economic and financial historians! Let me know if I need to add someone to the list!
go.bsky.app/FdNNFQD
go.bsky.app/FdNNFQD
Happy to present my newest paper on climate finance and wine economics. TLDR: I show evidence of "climate extrapolation": Investors focus on their local climate experiences when valuing an asset, even if that asset is tied to a different geography.
papers.ssrn.com/abstract=538...
papers.ssrn.com/abstract=538...
Climate Extrapolation and Relative Asset Pricing: Evidence from Bordeaux Premier Cru Wine Auctions
This paper offers evidence for climate extrapolation, a behavioral tendency where economic agents project salient local climate risks onto an asset's valuation.
papers.ssrn.com
August 12, 2025 at 5:34 PM
Happy to present my newest paper on climate finance and wine economics. TLDR: I show evidence of "climate extrapolation": Investors focus on their local climate experiences when valuing an asset, even if that asset is tied to a different geography.
papers.ssrn.com/abstract=538...
papers.ssrn.com/abstract=538...
New paper alert!
How large are the equity and corporate bond risk premium given illiquidity and selection biases? Considerably lower. It has real-life consequences, using the 19th century as our case study.
papers.ssrn.com/sol3/papers....
How large are the equity and corporate bond risk premium given illiquidity and selection biases? Considerably lower. It has real-life consequences, using the 19th century as our case study.
papers.ssrn.com/sol3/papers....
June 5, 2025 at 7:47 PM
New paper alert!
How large are the equity and corporate bond risk premium given illiquidity and selection biases? Considerably lower. It has real-life consequences, using the 19th century as our case study.
papers.ssrn.com/sol3/papers....
How large are the equity and corporate bond risk premium given illiquidity and selection biases? Considerably lower. It has real-life consequences, using the 19th century as our case study.
papers.ssrn.com/sol3/papers....
Just spoke on @tvnz.bsky.social's Breakfast about AI in finance— which jobs are future-proof and how trust in AI is evolving.
Also discussed my research on AI & trust. Check it out: papers.ssrn.com/sol3/papers....
Watch the segment: www.tvnz.co.nz/shows/breakf...
P.S. They lied! No breakfast.
Also discussed my research on AI & trust. Check it out: papers.ssrn.com/sol3/papers....
Watch the segment: www.tvnz.co.nz/shows/breakf...
P.S. They lied! No breakfast.
Man vs. Machine: The Influence of AI Forecasts on Investor Beliefs
Do investors trust an AI-based analyst forecast? We address this question through four incentivized experiments with 3,600 U.S. participants. Our findings highl
papers.ssrn.com
February 27, 2025 at 6:01 PM
Just spoke on @tvnz.bsky.social's Breakfast about AI in finance— which jobs are future-proof and how trust in AI is evolving.
Also discussed my research on AI & trust. Check it out: papers.ssrn.com/sol3/papers....
Watch the segment: www.tvnz.co.nz/shows/breakf...
P.S. They lied! No breakfast.
Also discussed my research on AI & trust. Check it out: papers.ssrn.com/sol3/papers....
Watch the segment: www.tvnz.co.nz/shows/breakf...
P.S. They lied! No breakfast.
Reposted by Gertjan Verdickt
Thrilled to share that my article "Railroad Bailouts in the Great Depression" (co-authored with Lyndon Moore) has been conditionally accepted by the Journal of Economic History!
www.researchgate.net/publication/...
www.researchgate.net/publication/...
December 30, 2024 at 12:00 AM
Thrilled to share that my article "Railroad Bailouts in the Great Depression" (co-authored with Lyndon Moore) has been conditionally accepted by the Journal of Economic History!
www.researchgate.net/publication/...
www.researchgate.net/publication/...
December 29, 2024 at 8:41 AM
Thrilled to share that my article "Railroad Bailouts in the Great Depression" (co-authored with Lyndon Moore) has been conditionally accepted by the Journal of Economic History!
www.researchgate.net/publication/...
www.researchgate.net/publication/...
Francesco Stradi and I updated our paper Man vs. Machine! Across 5 experiments (4,200 participants), we show robust evidence that investors still don’t (yet?) trust AI-generated financial advice.
Read more: papers.ssrn.com/sol3/papers....
Read more: papers.ssrn.com/sol3/papers....
Man vs. Machine: The Influence of AI Forecasts on Investor Beliefs
Do investors trust an AI-based analyst forecast? We address this question through four incentivized experiments with 3,600 U.S. participants. Our findings highl
papers.ssrn.com
December 6, 2024 at 6:37 PM
Francesco Stradi and I updated our paper Man vs. Machine! Across 5 experiments (4,200 participants), we show robust evidence that investors still don’t (yet?) trust AI-generated financial advice.
Read more: papers.ssrn.com/sol3/papers....
Read more: papers.ssrn.com/sol3/papers....
Reposted by Gertjan Verdickt
AAWE WORKING PAPER #286: “Selection Neglect and the Cross-Section of Wine Returns” by Robbe Van Tillo and Gertjan Verdickt @gertjanv.bsky.social
wine-economics.org/wp-content/u...
wine-economics.org/wp-content/u...
November 25, 2024 at 7:18 PM
AAWE WORKING PAPER #286: “Selection Neglect and the Cross-Section of Wine Returns” by Robbe Van Tillo and Gertjan Verdickt @gertjanv.bsky.social
wine-economics.org/wp-content/u...
wine-economics.org/wp-content/u...
I am happy to see my paper "Risk Management in Deadly Times: The U.S. Life Insurance Industry in the 1918–9 Influenza Pandemic" online at Economic History Review. Gustavo and I started this project in April 2020 and learned so much in the process.
onlinelibrary.wiley.com/doi/10.1111/...
onlinelibrary.wiley.com/doi/10.1111/...
<em>The Economic History Review</em> | EHS Journal | Wiley Online Library
Using a novel, hand-collected dataset of U.S. life insurance companies during the influenza pandemic of 1918–9, we show that high-exposure life insurers charged higher prices on new policies vis-à-vi...
onlinelibrary.wiley.com
November 24, 2024 at 4:36 AM
I am happy to see my paper "Risk Management in Deadly Times: The U.S. Life Insurance Industry in the 1918–9 Influenza Pandemic" online at Economic History Review. Gustavo and I started this project in April 2020 and learned so much in the process.
onlinelibrary.wiley.com/doi/10.1111/...
onlinelibrary.wiley.com/doi/10.1111/...
I made a "starter pack" for economic and financial historians! Let me know if I need to add someone to the list!
go.bsky.app/FdNNFQD
go.bsky.app/FdNNFQD
November 17, 2024 at 4:58 AM
I made a "starter pack" for economic and financial historians! Let me know if I need to add someone to the list!
go.bsky.app/FdNNFQD
go.bsky.app/FdNNFQD
My latest working paper "Man vs. Machine: The Influence of AI Forecasts on Investor Beliefs" was featured in @fdnl.bsky.social:
fd.nl/financiele-m...
Read the paper: papers.ssrn.com/sol3/papers....
fd.nl/financiele-m...
Read the paper: papers.ssrn.com/sol3/papers....
Man vs. Machine: The Influence of AI Forecasts on Investor Beliefs
Do investors trust an AI-based analyst forecast? We address this question through four incentivized experiments with 3,600 U.S. participants. Our findings highl
papers.ssrn.com
November 16, 2024 at 5:42 PM
My latest working paper "Man vs. Machine: The Influence of AI Forecasts on Investor Beliefs" was featured in @fdnl.bsky.social:
fd.nl/financiele-m...
Read the paper: papers.ssrn.com/sol3/papers....
fd.nl/financiele-m...
Read the paper: papers.ssrn.com/sol3/papers....
Data Alert!
I just uploaded a comprehensive dataset on wine returns calculated with MCMC and repeat sales models. Dive into 3.3M observations across 41 auction houses, starting from 2003!
Check it out: sites.google.com/view/gertjan....
More info: papers.ssrn.com/sol3/papers....
I just uploaded a comprehensive dataset on wine returns calculated with MCMC and repeat sales models. Dive into 3.3M observations across 41 auction houses, starting from 2003!
Check it out: sites.google.com/view/gertjan....
More info: papers.ssrn.com/sol3/papers....
February 18, 2024 at 9:49 PM
Data Alert!
I just uploaded a comprehensive dataset on wine returns calculated with MCMC and repeat sales models. Dive into 3.3M observations across 41 auction houses, starting from 2003!
Check it out: sites.google.com/view/gertjan....
More info: papers.ssrn.com/sol3/papers....
I just uploaded a comprehensive dataset on wine returns calculated with MCMC and repeat sales models. Dive into 3.3M observations across 41 auction houses, starting from 2003!
Check it out: sites.google.com/view/gertjan....
More info: papers.ssrn.com/sol3/papers....
New paper: "Selection Neglect and the Cross-Section of Wine Returns" (co-authored with Robbe Van Tillo)
Through a novel dataset of over 3 million auction transactions, we show that wines in the highest quintile of selection neglect have higher risk-adjusted expected returns.
Link: lnkd.in/eKUyTkbn
Through a novel dataset of over 3 million auction transactions, we show that wines in the highest quintile of selection neglect have higher risk-adjusted expected returns.
Link: lnkd.in/eKUyTkbn
November 19, 2023 at 12:13 PM
New paper: "Selection Neglect and the Cross-Section of Wine Returns" (co-authored with Robbe Van Tillo)
Through a novel dataset of over 3 million auction transactions, we show that wines in the highest quintile of selection neglect have higher risk-adjusted expected returns.
Link: lnkd.in/eKUyTkbn
Through a novel dataset of over 3 million auction transactions, we show that wines in the highest quintile of selection neglect have higher risk-adjusted expected returns.
Link: lnkd.in/eKUyTkbn