FOR IMMEDIATE RELEASE
December 30, 2009
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Rensselaer Hartford Lally School of Management and Technology Professor Awarded “Best Paper” by the Association for Global Business Conference
HARTFORD, CONN – Randall G. Peteros, J.D., of Hebron, Associate Professor, Lally School of Management and Technology, Rensselaer Hartford Campus, was presented with the Association for Global Business Conference “Best Paper Award.” The certificate was awarded “In Recognition of Excellence in Research as Determined by Peer Evaluation” for his article, “Financial Crisis Investing in Perspective Probabilities and Human Behavior.”
Professor Peteros presented the paper at the 2009 Association for Global Business Conference held in Orlando, Florida. This annual academic conference has been in existence for 24 years and had 115 academics in attendance this year. Academics presenting research papers came from countries all over the world including Cyprus, Denmark, Italy, Mexico, Pakistan, and Taiwan, to name a few.
The paper examines investor behavior and performance during periods of economic booms and busts, and during bull and bear markets. The findings conclude that investors have demonstrated a pattern of piling into overvalued markets and selling heavily in undervalued markets. It also found that periods of extreme underperformance in the stock market have always been followed by periods of extreme outperformance. This paper is intended to improve investment outcomes by identifying turning points in markets and the past mistakes made by individual and institutional investors.
The paper was also accepted for presentation at the annual Athens Institute of Education and Research Conference held in Athens, Greece. Professor Peteros used this paper to deliver presentations on the subject of “Investing During An Economic Crisis” to members of the Pratt & Whitney’s Women’s Forum and at Aetna Inc.
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