Harvard Business Review

APRIL 9, 2018

Ever since Adam Smith published The Wealth of Nations in 1776, observers have bemoaned boards of directors as being ineffective as both monitors and advisors of management. Alternatively, it could be that because of behavioral biases, management is not able to select effective directors as well as an algorithm.

Company 9

Company Kahneman Learning-by-Doing CEO 9

Harvard Business Review

JUNE 13, 2012

At a meeting on April 8, Drew assured Dimon and the operating committee of JPMorgan that the trades were being well managed and would work out. These fields focus on how decision makers fail to optimally integrate the available information set to make a rational decision. As it turns out, this type of failure is quite common.

Banking 9

Banking Kahneman Document Simon 9

Harvard Business Review

APRIL 2, 2014

He got his PhD at Yale under Shiller’s supervision in 1984, but since then he has also done a lot of work expanding on Fama’s ideas about risk and return, some of it co-authored with Fama’s son-in-law and University of Chicago finance colleague, John Cochrane. It feels like it’s got a little bit of Kahneman and Tversky in it.

CAPM 8

CAPM Discount Price Finance 8