Finance

Nicola Gennaioli nets an ERC grant to study irregularities and inconsistencies in the formation of beliefs and choices

Both firms and managers usually direct their executive searches within the same industry and geographical area, according to a study by Julien Sauvagnat and Fabiano Schivardi . Firms in areas where managerial skills are scarce experience negative effects on performance

And the star of Erio Castagnoli keeps shining. A recent paper based on the ideas of the late lamented Bocconi professor investigates starshaped risk measures and illustrates their application to finance and decision theory

People tend to keep their deposits immediately below the insured threshold and to increase them as soon as the threshold is raised, thus changing their asset allocation, Nicola Limodio observed exploiting a unique change in Colombian regulation

Hannes Wagner finds that governance mechanisms that help align the interests of investors and board members enhance the environmental performance of firms. This is true also if a woman is appointed to a previously all male board

A list of the 10 most popular research stories of 2022 to whet the appetite of all curious minds