Deal or No Deal? Game Show used to study Risk Aversion Behavior

(PhysOrg.com) -- A new study in the International Review of Finance , published by Wiley-Blackwell, used data from the popular television game show, 'Deal or No Deal?', to explore risk aversion and economic decision-making ...

New research helps predict stock market

(PhysOrg.com) -- Researchers from Massey University have developed a new way to predict stock markets that has been recognised with an award from New Zealand finance specialists.

When is it too late to give up control of your finances?

America is getting older. By 2050, one-fifth of the U.S. population is projected to be over the age of 65. And the way we're aging is changing, too. Older people today are more responsible for managing their finances than ...

Embracing AI in the world of finance

Large Language Models (LLMs) like ChatGPT are shaking up the world of finance. Morgan Stanley is testing an OpenAI-powered chatbot to assist their financial advisors. The bot, trained on the bank's own research reports, offers ...

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