为增强学院学术氛围，加强学术科研合作，金融科技学院持续开展系列学术讲座。2024年5月31日下午，学院特邀请多伦多大学罗特曼商学院金融学讲席教授杨立岩作专题学术讲座。

本次讲座中，杨立岩教授介绍了自己近期在金融市场、资产定价领域的重要研究成果。主要内容为：We analyze a dynamic model of a monopolistic insider who receives private information sequentially and faces a post-trading disclosure requirement. We show that characterizing the equilibrium in this trading game is isomorphic to solving a consumption-saving problem with a borrowing constraint. Analogous to the “consumption-smoothing” intuition in the consumption-saving literature, the insider in our trading game “smooths” his information usage over time given the dynamics of his private information. The insider would “dissimulate” his private information through mixed strategies if and only if sufficient information arrives early. Finally, we analyze the interpretation of mixed strategies and the value of commitment.

讲座结束后，杨立岩教授还与学院师生进行了深入交流，针对各类学界、业界的金融学问题进行发散和探索，现场学术交流气氛踊跃。


主讲嘉宾介绍：                           

杨立岩，多伦多大学罗特曼商学院金融学讲席教授，康奈尔大学经济学博士，主要研究领域为金融市场、资产定价和行为金融。杨教授是Fellow of the Accounting and Economics Society、Fellow of Cornell FinTech Initiative以及Fellow of Luohan Academy。其学术成果发表在众多顶级学术期刊，如Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Economic Theory, Management Science等。杨立岩教授目前担任Journal of Financial Markets，Journal of Economic Dynamics and Control 的联合主编。杨教授还担任Journal of Finance, Journal of Economic Theory, Management Science等期刊的副主编。其学术研究获得众多科研奖项，如2016 JFQA William F. Sharpe Award for Scholarship in Financial Research, the 2016 Bank of Canada’s Governor’s Award, 2015 Roger Martin Award for Excellence in Research等。