Juhani Linnainmaa

Juhani Linnainmaa studies learning, asset prices and portfolio choice, mergers and acquisitions, investor behavior, and high-frequency data. He was a teaching and research assistant at the University of California Los Angeles from 2003 to 2006 and GSFFA Researcher at the Helsinki School of Economics in 2001 to 2002. "I became interested in behavioral finance when I was an undergraduate," Linnainmaa says. "This area was questioning some of the most commonly accepted building blocks of modern finance. My own research comes a circle and takes a critical view of behavioral finance. Based on the evidence we have, can we really reject all notions of rationality and market efficiency that easily?"

Linnainmaa received the Allstate Dissertation Fellowship in 2005 and grants from the Foundation of Emil Aaltonen, Foundation for the Development of Financial Markets, OKOBANK Group Research Foundation, and Foundation of Jenny and Antti Wihuri between 2002 and 2005. He received the Citibank Award for the Best MBA Thesis in Finland in 2001.

He earned a PhD in management from the Anderson School at the University of California Los Angeles in 2006 and his master's degree and bachelor's degree in finance from Helsinki School of Economics in 2001. He joined the Chicago Booth faculty in 2006.

Selected Publications