题目：SocialInteraction and Financial Market Anomalies

摘要：

We develop asimple asset pricing model with differences in opinion and social interactionand show that the model is able to explain many important financial marketanomalies, including excess volatility, volatility clustering, bubbles,crashes, and time series momentum in short-run and reversal in long run.

演讲人：

Xue-Zhong He 教授现任悉尼科技大学商学院（ UTSBusiness School ） 教授(Professor of Finance)，主要活跃于金融市场建模、异质信念下的资产定价和非线性经济动力学等领域，在Journalof Economic Dynamics and Control、Journal ofEconomic Behavior and Organization 、EuropeanJournal of Finance 、SIAM 、Journal ofEvolutionary Economics和Quantitative Finance等国际主流学术期刊上发表文章40多篇，撰写了Handbookof Financial Markets: Dynamics and Evolution（Elsevier）、Handbook onInformation Technology in Finance（Springer）等10余部学术书籍的部分章节。此外，Xue-ZhongHe教授担任本领域三大顶尖国际学术期刊之一Journal of Economic Dynamics andControl的主编（Co-Editor）；还担任Journal of Economic Interaction andCoordination、Journal Differential Equations and Dynamical Systems 和Discrete Dynamicsin Nature and Society 等国际学术期刊的副主编（Associate Editor）。

报告时间：2014年10月15日 上午10:00-11:30

报告地点：学术会堂南楼506

[编辑]：孙颖