Father, son take award for research paper into risk biases
Arun and Sid Muralidhar
Arun Muralidhar and Sid Muralidhar were named co-recipients of the Investments & Wealth Institute Journal Research Award.
The father-and-son team won the 2021 award for their article, Behavioral Finance in Investing: The Existence and Importance of Investment Tribes and Risk-Preference Diversity, confirmed Devon Coquillard, spokeswoman at the Investments & Wealth Institute.
The article, which appeared in the Journal of Investment Consulting in 2020, explores how groups of individuals within investment management organizations may exhibit similar risk tendencies.
The paper utilizes a methodology that identifies risk biases and how they can influence and impact decision making.