Glenn Harrison and Ajay Subramanian from the Risk Management & Insurance Department recently published articles that are available through the Georgia State University Library.
- Harrison, G. (2009). The behavioral counter revolution. Journal of Economic Behavior and Organization, 71, 49-57.
Harrison argues that the effect of the recent behavioral economic revolution has not been very revolutionary at all. Instead, he says that it has “served to remind the economics profession that it simply forgot to answer many of the questions that it should have been answering all along with our traditional tools. “
- Giat, Y., Hackman, S. T., & Subramanian, A. (2010). Investment under Uncertainty, Heterogeneous Beliefs, and Agency Conflicts. Rev. Financ. Stud., 23(4), 1360-1404.
This article discusses the authors’ “structural model to investigate the effects of asymmetric beliefs and agency conflicts on dynamic principal–agent relationships.”