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Article: PanAgora Asset Management Announces Crowell Award Winner; Andrea Frazzini, University of Chicago won for best paper on The Disposition Effect and Underreaction to News.
- Article from:
- Business Wire
- Article date:
- October 10, 2005
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BOSTON -- PanAgora Asset Management, Inc., a majority-owned affiliate of Putnam Investments, announced today the winner of the Crowell Memorial Prize Competition for 2004-2005. The first prize was awarded to Andrea Frazzini, University of Chicago for his entry "The Disposition Effect and Underreaction to News." "The winning submission represents the kind of research that is key in building our understanding of how the mechanics of learning behavior impacts the type and quality of information that can be observed in simple market setups," said Eric Sorensen, President and Chief Executive Officer, PanAgora Asset Management. The paper was among over 100 submissions, many of ...