Revolutionary markets research focuses on the other AI – Australian Financial Review

An article in the Australian Financial Review has highlighted the activities and research of Peter Bossaerts and the BMM Lab. In particular, the Lab’s “potential to fundamentally change the way financial institutions think about risk management” was emphasised, as well as the essential need for controlled experiments in the field of finance and market research. Behavioural finance often emphasises the negative consequences of human cognitive biases in finance and economics, however new research has indicated that it is possible to develop a training program to lessen the impact of some biases.

AFR editorial cartoon by David Rowe.