Join us for an Experiment on Investment Behavior
Networking drinks with CAIA
Join CFA Society VBA Netherlands, CAIA, and a consortium of Dutch and Austrian universities for an experiment on the investment behavior of finance professionals. Help leading European experimental financial economists solve the mysteries of behavioral finance AND earn up to EUR 400!
The experiement will be followed by networking drinks with members of CAIA.
Back by popular demand.
Conducted by Radboud University Nijmegen, the University of Utrecht, University of Innsbruck, and University of Gothenburg this project will investigate the investment behavior of financial professionals and market efficiency. After successful waves of experiments in 2014-2018 published in the #1 Journal in Finance, the Journal of Finance: https://doi.org/10.1111/jofi.12701), in which many of our members participated, this round will take place in January/February2019. Depending on their performance, individual participants receive an average compensation of 120 Euro, with top values ranging up to 400 Euro. Participants will also receive a presentation and discussion of the results immediately following the experiment.
The goal of this particular experiment is to provide reliable conclusions about financial professionals’ risk-taking and investment behavior and how this differs to lay people (e.g., students). They will run an asset market experiment in which participating professionals trade experimental financial assets. Moreover, a short survey testing cognitive skills will follow the trading experiment. Any financial professional who is directly or indirectly involved in investment decisions can participate (incl. risk managers and analysts). However, if you participated in the experiment held in April of 2017 you are ineligible to particiate this time around.
The experiment takes no more than 90 minutes (plus optional 15 minutes to discussion results and implications for daily work).
All data is strictly confidential and will be used exclusively for academic research. To measure differences in investment and trading behavior between professionals and lay people, some students will be recruited to take part in the experimental sessions.
** Due to the nature of the experiment everyone needs to start at the same time. So please arrive on time. And you will all be treated to drinks afterwards! **
We hope to see you there!
16:15 hrs Arrival and registration of guests (foyer)
16:30 hrs Introduction and explanation of experiment
16:45 hrs Start experiment
18:15 hrs Results presentation and earnings payments
18:00 hrs Networking drinks in Bar Manhattan
20:00 hrs End of program.You can sign up for either the experiment, the drinks, or both.
Learn more about the experiment Executive_invitation_exp_professionals_Jan2019_final.pdf
Registration is required. Member Networking Drinks are open only to Members of the Society. Members may bring one guest.
Networking Drinks Modus Operandi:
When: CFA Society VBA Netherlands Member Networking Drinks usually take place bi-monthly on the fourth Wednesday of the month. This month we make an exception because of the investment behavior experiment.
Who: Regular and Affiliate Members of CFA Society VBA Netherlands and CAIA are invited to the Networking drinks. Each member may bring one guest.
Where: Networking drinks rotate through the major cities in NL.
What else: For catering purposes registration is required.
Watch this space: the next Member Networking drinks take place in March and July