Prestigious global awards conferred on Dr. Pulak Ghosh

Dr. Pulak Ghosh, faculty of the Decision Sciences area at IIM Bangalore, has been conferred with two prestigious global awards.

The paper titled, ‘How Costly are Cultural Biases? Evidence from FinTech’, co-authored by Prof. Ghosh, along with Francesco D’Acunto and Alberto Rossi, received the ‘PBCSF Award for the Best Paper in FinTech’ at the 2021 Annual Meeting of the Western Finance Association (WFA). To detect and quantify the effects of cultural biases in large-stake risky choices, the paper studies a leading Indian FinTech peer-to-peer lending platform paired with an automated robo-advising tool.