Finance
Can AI Replace Human Debt Collectors?
New research co-authored by Yale SOM Professor James Choi finds that people are less likely to follow through on a commitment to repay a debt if it’s made to an AI agent. The finding hints at one area where humans may always retain an advantage over bots.
How Tales of ‘Flippers’ Led to a Housing Bubble
Yale SOM's Robert Shiller writes that widely repeated narratives of getting rich in real estate drove a housing bubble a decade ago—and could do so again.
Why Aren’t Women Saving Enough for Retirement?
TIAA’s chief income strategist says while the retirement system appears to be gender neutral, it is putting women at a disadvantage.
Is Our Financial System Still at Risk?
Yale’s Andrew Metrick discusses what we learned from the last financial crisis and areas of concern for the future.
Should You Invest in Uncertain Environments?
A focus on fundamentals can reveal opportunities in the Middle East, despite conflict, political upheaval, and economic uncertainty.
What Happens When the Same Investors Own Everything?
Diversification means that in many industries, companies are owned by an overlapping set of investors, reducing their incentive to compete.
Did Finance Make Civilization Possible?
Prof. William Goetzmann traces the millennia-long relationship between finance and the growth of civilization.
Should Investors Look for Stocks with Momentum?
Research by Yale SOM’s Roger Ibbotson suggests that accelerating stocks are prone to sharp reversals.
How Are Hedge Funds Changing?
Putnam Coes ’94 of Paulson & Co. says that starting a new fund is harder than ever.
Can Financial Markets Move Beyond Politics?
Once you start pulling at the strands, the intertwined political and financial systems can prove very difficult to separate. A panel of financial veterans at Yale SOM’s Future of Finance conference considered recent government interventions in markets across a number of countries, and what they mean for investors.
Can Research Generate Returns?
Andrea Frazzini, a principal at research-oriented hedge fund AQR Capital Management, discusses what it takes to put an academic idea to work creating investment advantage.
