Latest News
Mike Burkart - Winner of the 2025 ECGI Finance Series Prize
02/05/2025
LSE announces launch of an Initiative in Sustainable Finance
07/03/2025
ESRB Policy Paper by Martin Oehmke on restructuring and insolvency
28/05/2025
Vacancy: Research Assistant in Finance
14/04/2025
Jón Danielsson on panel debating financial stability during crises
10/04/2025
Latest Publications
Investor Memory and Biased Beliefs: Evidence from the Field
We survey a large representative sample of retail investors in China to elicit their memories of stock market investment and return expectations. We...
No 100
High-frequency trading in the stock market and the costs of options market making
Journal of Financial Economics, 159, 103900
The Law of Small Numbers in Financial Markets: Theory and Evidence
We build a model of the law of small numbers (LSN)—the incorrect belief that even small samples represent the properties of the underlying population...
No 99
