Motivated by growing concerns about the risks and instability of China's financial system,
this article reviews several commonly perceived financial risks and discusses their roots in …

Robo-advice uses big and open data to provide consumers with fully informed and rational-
expectation benchmarks in all realms of household finance, including consumption, saving …

This paper investigates digital financial bubbles amidst the COVID-19 pandemic. Using a
sample of 9 DeFi tokens, 3 NFTs, Bitcoin, and Ethereum, we detect several bubbles …

Personal experiences of economic outcomes, from global financial crises to individual-level
job losses, can shape individual beliefs, risk attitudes, and choices for years to come. A …

ABSTRACT I discuss a new intellectual paradigm, social economics and finance—the study
of the social processes that shape economic thinking and behavior. This emerging field …

We present a model of credit cycles arising from diagnostic expectations—a belief formation
mechanism based on Kahneman and Tversky's representativeness heuristic. Diagnostic …

We show how data from online social networking services can help researchers better
understand the effects of social interactions on economic decision making. We combine …

Pump-and-dump schemes (P&Ds) pervade the cryptocurrency market. We find that P&Ds
trigger short-term episodes featuring dramatic increases in prices, volume, and volatility …

Behavioral finance tries to make sense of financial data using models that are based on
psychologically accurate assumptions about people's beliefs, preferences, and cognitive …

The role of real estate during the global financial and economic crisis has prompted efforts to
better incorporate housing and financial channels into macro models, improve housing …