People often consider risks in isolation, and overpay for protection as a result. Rather than hedging against specific risks, investors should think like a game theorist.

Shachar Kariv, University of California, Berkeley

Game theory, econometrics and distributed computing power can reveal a client's true preferences for risk, loss, uncertainty, time and goals – with scientific precision and in terms that clients can understand.

Shachar Kariv, University of California, Berkeley | 0.50 CE

Observing how a client makes financial trade-offs can provide a more accurate measure of their risk preferences than if we ask questions about what they think they would do.

Shachar Kariv, University of California, Berkeley | 1.00 CE