Although almost nonexistent until the 1980s, experiments in Finance have gained ever
growing popularity in recent years. In 2021, the Journal of Banking and Finance launched a …

The modern era of research in finance began in the 1950s with the groundbreaking work of
Markowitz (1952) on portfolio choice and Modigliani and Miller (1958) on capital structure …

This chapter is a summary of some remarks that I delivered at the Virtual Experimental
Finance workshop in the autumn of 2020. The purpose here is to take stock of developments …

Experimental finance methodology asks experimental participants to make decisions in the
context of finance, such as investment decisions, trading in markets, price forecasts or the …

It has been a privilege to be the President of the Society of Experimental Finance for 2014–
2015, during a period of considerable progress in the establishment of the field. Below, I …

This thesis includes four submitted research papers and some additional unpublished
material. Starting from two major political events in 2016, which served as two natural …

Abstract Machine learning offers a set of powerful tools that holds considerable promise for
investment management. As with most quantitative applications in finance, the danger of …

Only a few decades ago the predominant view among finance academics was that people
are fully rational decision makers who optimize using all available information. We have …

Every day, millions of companies around the globe take decisions or are affected by
decisions taken by other (competing) companies. All of these decisions have the potential to …

This paper updates Currie et al.(2020b) by examining the credibility revolution across fields,
including finance and macroeconomics, using NBER working papers up to May 2024. While …