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?
Professor Walter Pohl
- Walter.Pohl@nhh.no
- Telephone
- +47 55 95 94 24
- Department
- Finance
- Office
- MS-252
- Expertise
- Asset Pricing Machine Learning Finance
Walt Pohl is a Professor of Finance at the Norwegian School of Economics. His research fields are asset pricing and the application of machine learning to finance. Walt has published in Journal of Finance, Management Science, the Journal of Economic Dynamics and Control, and Economics Letters. Prior to joining the Norwegian School of Economics, Walt was a postdoc at the University of Zurich. Walt earned his Ph.D. in finance from the University of Texas at Dallas, and an MSc. in mathematics from Drexel University in Philadelphia.
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.