Financial Professionals and Fairness

The tug of war over values in the aftermath of the 2008 financial crisis.

Listen to the podcast of the talk

Meir Statman, Glenn Klimek Professor of Finance, Santa Clara University, and author of "What Investors Really Want," presents. The financial crisis of 2008 intensified a debate over "who deserves what and why" in terms of income and wealth. On such matters, financial professionals on Wall Street tend to hold views different from economic actors on Main Street. But how does a society go about arriving at common assumptions that span the divide between Wall Street and Main Street -- about fairness, income, and wealth? Professor Statman shares his latest research in this crucial area of behavioral finance.