What Causes Some to Participate in Bubble Markets?

During financial bubbles, such as the one that centered around the U.S. housing market and triggered the Great Recession, some investors react differently than others. New neuroeconomic research at the California Institute of Technology (Caltech) has found that the investors most likely to take a risk and fuel bubble markets are those with good "theory of mind" skills—those who are good at "putting themselves in others' shoes." They think the most about the motives behind prices and what other people in the market are likely to do next, but during bubble markets, that actually becomes risky behavior.

Caltech to Offer Online Courses through edX

To expand its involvement in online learning, the California Institute of Technology will offer courses through the online education platform edX beginning this October.

The edX course platform is an online learning initiative launched in 2012 by founding partners Harvard University and the Massachusetts Institute of Technology (MIT). Caltech's rigorous online course offerings will join those of 28 other prestigious colleges and universities in the edX platform's "xConsortium."

Friday, October 4, 2013

Undergraduate Teaching Assistant Orientation

Thursday, September 26, 2013
Ramo Auditorium

Graduate TA Orientation & Teaching Conference

Psychology Influences Markets

Economists argue that the dominant players in a market almost always make well-informed and objective decisions. Psychologists, on the other hand, say that markets are not immune from human irrationality. Now, a new analysis shows that markets are indeed susceptible to psychological phenomena.
Wednesday, May 8, 2013
Dabney Hall, Lounge

Free jazz demonstration and concert

Caltech Senior Wins Gates Cambridge Scholarship

Catherine Bingchan Xie, a senior bioengineering major and English minor at Caltech, has been selected to receive a Gates Cambridge Scholarship, which will fund her graduate studies next year.
Monday, April 1, 2013
Center for Student Services, 3rd Floor, Brennan Conference Room

Head TA Network Kick-off Meeting & Happy Hour

For Love or Money: Marriage and Economic Development in the Past

Getting married and moving out of your parents' house may be key to your personal economic development, but are marriage patterns key to an entire society's development as well? Professor of Social Science History Tracy Dennison tells us what love's got to do with it at 8:00 p.m. on Wednesday, January 30, 2013, in Caltech's Beckman Auditorium. Admission is free.
Friday, January 25, 2013
Annenberg 121

Course Ombudspeople Lunch

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