Is the crowd wise?
The wisdom of the crowd in crowdfunding markets helps improve the decision making of the individuals, according to several studies. But is the crowd (really) wise?
Associate Professor Walter Pohl
- Walter.Pohl@nhh.no
- Telephone
- +47 55 95 94 24
- Department
- Finance
- Office
- C408
- Expertise
- Asset Pricing Machine Learning Finance
Walt Pohl is an Associate Professor Finance at the Norwegian School of Economics. Prior to joining the Norwegian School of economics he was a postdoc at the University of Zurich. His research fields are asset pricing, and the application of machine learning to finance. Walt has published in Management Science, the Journal of Economic Dynamics and Control, and Economics Letters. Walt earned his Ph.D. in finance from the University of Texas at Dallas, and a master’s in mathematics from Drexel University.
Selected publications
| Author(s) | Title | Publisher |
|---|---|---|
| Pohl, Walter; Schmedders, Karl; Wilms, Ole | Higher Order Effects in Asset Pricing Models with Long-Run Risks | Journal of Finance Volume 73 (3); page 1061 - 1111; 2018 |
Walt Pohl teaches Big Data with Applications to Finance (FIE453) at the master’s level at NHH.
Dissemination
Crowdfunding. Bitcoin. Machine learning
– The impact of informational technology is expected to radically restructure how finance is practiced, Walter Pohl says. On Friday 8 June NHH is hosting the 2018 Bergen FinTech Conference.
Ackermann, Fabian, Pohl, Walt, Schmedders, Karl: Optimal and Naive Diversification in Currency Markets, Management Science, forthcoming
Pohl, Walt, Schmedders, Karl, Wilms, Ole (2016): Asset Pricing with Non-Permanent Shocks to Consumption, Journal of Economic Dynamics and Control, 169, 152-178.
Pohl, Walt (2016): External habit: Anything goes, Economics Letters, 146, 140-142.