Rethymno - Faros

Since 2006 the Department of Economics of the University of Crete is successfully running its Advanced Summer School in Economics and Econometrics. The broader objective of this series of events is to provide advanced training for young researchers from all over Europe and beyond on important disciplines of economics and econometrics.  The Summer School follow a traditional structure: lectures in the morning and computer practical sessions in the afternoon. The specialized topic varies from year to year and reflects issues that are currently lively areas of new research and policy interest. The faculty is comprised of leaders in the field, and offers an overall coverage of the specialist area.

The 4th Advanced Summer School in Economics and Econometrics will be held in August 2-9, 2009 at the University Campus in Rethymno, Crete. This initiative by the Department of Economics is expected to be very valuable for researchers and PhD students who are interested to keep up with recent developments in leading issues in Economics and Econometrics and it will offer the opportunity to interact with leading scholars of the academic profession. It offers a stimulating environment for young doctoral students, faculty members, professional economists, researchers and econometricians who work in support of decision making in government agencies as well as the private market to discuss intensively common objectives and concerns related to topics presented by an international faculty.

Up to 26 students will be accepted to the program.

Through systematic interaction participants will be encouraged to compare their approaches and examine their research work. A unique opportunity will be given to advanced doctoral students to present their own work and to discuss it with the Distinguished Guest Professor. The Advanced Summer School Series on Economics and Econometrics facilitates the establishment of contacts between young researchers coming from various universities and research institutions throughout Europe.

The topic of the 4th Advanced Summer School is on "Behavioral Finance". Professor Hersh Shefrin (Santa Clara University, Leavey School of Business) will be the Distinguished Guest Professor. The lectures of the Summer School will provide an up-to-date coverage of the main methods and models used in behavioral finance.  The course will examine familiar, basic methods and frontier developments in the field.

Professor Hersh Shefrin

Hersh Shefrin, holds the Mario L. Belotti Chair in the Department of Finance at Santa Clara University's Leavey School of Business. Professor Shefrin is a pioneer of behavioral finance. He has published widely in the area and writes for both academics and practitioners. Professor Shefrin regularly teaches behavioral finance to both undergraduates and graduates. He often speaks on the subject to portfolio managers, security analysts, and financial planners both in the U.S. and abroad. Professor Shefrin completed his Ph.D at the London School of Economics in the economics of uncertainty; he earned a Master of Mathematics from the University of Waterloo and a B.Sc (Honors) in economics and mathematics from the University of Manitoba.