Jiageng Liu
jiageng-liu.bsky.social
Jiageng Liu
@jiageng-liu.bsky.social
PhD student at @MIT finance. Studying fintech, development, entrepreneurship, labor. Former computer scientist via @UCLA @UChicago. 人能弘道,非道弘人。
Reposted by Jiageng Liu
In corporate finance, what is the setting where we have the largest number of “credible” estimates? Mortgages? Banking?

@arpitrage.bsky.social @amanela.bsky.social @lukestein.com

Was thinking about constructing an example of Bayesian meta-analysis in finance… @economeager.bsky.social
December 4, 2024 at 1:56 PM
Reposted by Jiageng Liu
These two papers, taken together, really cause a rethinking of behavioral economies.

Rather than having anomalous risk preferences; it looks like people have complexity aversion to "hard" decisions, especially on valuation, which drives behavioral anomalies. Herbert Simon ftw.
November 27, 2024 at 4:33 PM