澳门太阳集团(9728·VIP网城)网站入口-欢迎您

学术科研

Financial Math Seminar

Investment Decisions and Falling Cost of Data Analytics

演讲者： Chao ZHOU（新加坡国立大学）
时间：2018-07-20 16:00-17:00
地点：慧园3栋 415报告厅

Abstract

We study how the cost of data analytics and the characteristics of investors and investment opportunities affect investment decisions and their data analytics. We show that the falling cost of the data analytics raises investors’ leverage, financially constrained or highly risk averse investors use less data analytics, and the demand of data analytics is highest with high expected return opportunities. Due to the increased leverage, the falling cost of data analytics leads to higher losses during the crises. This is a joint-work with Jussi KEPPO and Hong Ming TAN.