PhD defence J.J.D. (Job) Daemen
- Prof.dr. J.J. Vromen
- Prof.dr. D.N. McCloskey
On Thursday 11 March 2021, J.J.D. Daemen will defend his PhD dissertation, entitled: ‘Pluralism in Action: Theories and Practices of Financial Markets’.
Financial markets these days often invoke images of greed, crisis and turmoil; a part of the economy that has become detached from the reality of everyday society and the daily worries of people. Yet financial markets are a deeply ingrained part of modern society and they serve a number of valuable functions, for instance borrowing and lending, savings and investments, and so forth. These functions are indispensable and apply to the level of individuals, firms and other organizations, countries, and globally. Finance, descending from economics, in particular the neoclassical variety, has provided the dominant conversation on financial markets. But other economic brands and other disciplines, have shown an interest in the subject and made inroads in their contributions. For instance psychology, by means of behavioral economics, has become prominent in the conversation on financial markets. In this dissertation I attempt to appreciate the pros and contras of the various arguments made by different schools of thought and, when possible, I try to connect seemingly rival explanations. I do so by not only looking at theory but also by observing the practice of financial markets. By using less conventional, yet empirical methods, which differ from the traditional statistical empirical approach, I hope to contribute to a meaningful conversation on financial markets and at the same time provide a case study of methodological pluralism.
Due to corona, the PhD defences do not take place publicly in the usual way in the Senate Hall or in the Professor Andries Querido Room. The candidates will defend their dissertation either in a small group or online.