Lisa Kramer
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Lisa Kramer is an associate professor of finance at the University of Toronto. She holds a PhD in finance from the University of British Columbia.

An expert in behavioral finance, Lisa has done controversial research that blends insights from human psychology with financial economics, showing emotions play an important role in financial markets. Her research studies in The American Economic Review identifying the influence of mood on investor cycles of fear and greed have been profiled in The Wall Street Journal, US News and World Reports, The Washington Post, The Daily Telegraph, Business Week, SmartMoney Magazine, The National Post, The Globe and Mail, CBC Television, and CBC Radio.

Beyond her professional interests in behavioral finance, neuroeconomics, personal finance, and capital market seasonality, her personal interests include animal rights and living in the moment. She was a founding board member of Mercy For Animals Canada and currently serves as an advisor to the board.

You can follow her on Twitter at http://www.twitter.com/LisaKramer and visit her website at www.lisakramer.com.

Blog Entries by Lisa Kramer

What the Ikea Monkey Revealed About Animal Treatment in Canada

(3) Comments | Posted December 13, 2012 | 12:48 AM

I am extremely proud to be Canadian this week. I am obviously a human, but I think I would be equally proud to be a non-human Canadian this week.

Let me start with the "IKEA monkey," whose proper name is Darwin. This poor juvenile rhesus macaque was found wandering through...

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The Business of Happiness: A Convocation Address

(0) Comments | Posted June 22, 2012 | 1:15 PM

Last week I was convocation speaker at the University of Toronto graduation ceremony where business students from the Mississauga campus received their BBA and BComm degrees. These are the remarks I made to the Class of 2012:

Graduands, I offer my most heartfelt congratulations to each of you...

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My Post-Cancer "Re-Birth" Day

(0) Comments | Posted January 24, 2012 | 10:26 AM

What feels like a lifetime ago, in the late 1990s, I was a shell of a human, having endured a cancer diagnosis, nine months of chemotherapy, a relapse, more chemotherapy, a bone marrow transplant, operations to remove bits and pieces of my body, and procedures to insert tubes in my...

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Don't Have a Cow: Subway Riders Challenged on Meat-Eating

(42) Comments | Posted December 6, 2011 | 5:44 PM

Public transit riders in Toronto have been coming face-to-face with farm animals thanks to an ad campaign that asks "Why love one but eat the other?" The 1,000 poster-sized ads juxtapose pictures of pets such as cats and dogs with images of animals most people equate with food,...

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Anchors Away! Which Way You Physically Lean Affects Your Economic Decisions

(3) Comments | Posted November 19, 2011 | 8:30 AM

Humans do not make decisions in a vacuum. We are heavily influenced by our environments; sometimes subconsciously.

A well-known psychological tendency that influences decisions is known as anchoring. The 'anchor' upon which a decision rests can heavily influence its outcome. One well-known example in behavioral economics comes from a

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Losing Sleep Over Stock Markets: It's the Season

(2) Comments | Posted November 3, 2011 | 9:58 AM

Recent volatility in financial markets has been enough to make most people afraid to even glance at their investment accounts, with many filing away their monthly financial statements with the envelopes remaining sealed. "Out of sight, out of mind," we nervously reassure ourselves.

Certainly there are profound...

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