

Measuring mutual fund managers’ skills by Microsoft’s TrueSkill algorithm, we find highly skilled managers to behave self-confident resulting in higher risk-taking in the second half of the year compared to less skilled managers. Introducing the TrueSkill algorithm, which is widely used in the e-sports community, to this branch of literature, we can replicate previous findings and theories suggesting overconfidence for mid-years winners.
More publicationsThe Centre of Finance, Risk and Resource Management (FiRRM) is a team of researchers at the Technical University of Dortmund. We specialize in modern financial applications and risk management. Our focus? Data-driven research within the fields of economics and finance. Our goal? To build a community of talented analysts.
more about usIn these challenging times due to COVID-19, we've organized this online research seminar series for the...
At the beginning of the Covid-19 Pandemic Crisis, we at FiRMM have been asking "What can we expect...
Teaching Project
Applied Financial Econometrics is one of our upcoming...