概率统计学术报告
报告人: Prof. Chao Zhou,National University of Singapore
报告题目:Investment Decisions and Falling Cost of Data Analytics
时间:2018年4月27日上午10:00-11:00
地点:浙江大学玉泉校区逸夫工商管理楼200-9
摘要: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.
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