Finance Crowd Analysis Project

Do you want to be part of...

...the first crowd-sourced empirical paper in Economics/Finance?

The project coordinators have pulled it off once before in Neuroscience, leading to a 2020 publication in Nature (article here).

What's in it for you?

You can apply [sign-up closed: see Overview for details] alone or as a team of maximum two members. Expected workload is two to three weeks per team, in Spring 2021 (precise schedule here). At least one of you is required to hold a PhD in economics or finance (precise criteria here). Please be quick as we will close the application as soon as we reach the desired number of teams. Deadline for the first batch is: November 20.

Please find more detailed information below.

Overview

#fincap is a large-scale global research effort to investigate the pluralism of analysis approaches in empirical finance. Building on the same dataset, over 100 research teams (RTs) around the world will independently study several pre-defined hypotheses. To study the process of knowledge formation, the participating research teams will also submit their beliefs about variation among RTs. Learn more about the tasks of the research teams.

As another major research goal, the project investigates how scientific knowledge is gained and formed within the empirical finance community. To this end, about 20 distinguished experts (i.e., peer evaluators, PEs) in the field will review the short papers submitted by the research teams, with the top 5 papers being made public to the research teams in an anonymous fashion. Learn more about the task of the peer evaluators.

Confidentiality agreement. Importantly, we apply a multiple-blind procedure. This implies that names will never be revealed with the exception of being listed as a co-author on the final scientific article (i.e., names of research team members will not be attributable to analysis results and names of peer evaluators will not be attributable to evaluations). Furthermore, this implies that scientists from the research teams, peer evaluators, and project coordinators are not allowed to disclose or discuss any information from their part to any other researcher until all research teams have submitted their final versions of their short papers. The latter includes that research team members are not allowed to discuss the methodology and results with anybody outside the research team.

Project coordinators. The project will be run by researchers from the Stockholm School of Economics, the University of Innsbruck, and the Vrije Universiteit Amsterdam. Meet the project coordinators.

Please note that the first batch of applications to join #fincap as a research team member has been closed on November 20, 2020. The project coordinators will evaluate the applications for eligibility to participate. If the target number of teams has not been reached, the sign-up will be re-opened and further applications are accepted until Friday, December 12. All teams that have applied will be notified about the acceptance into the project by Friday, December 18.

schedule

  • Friday, 2020-11-20

    application deadline

    Application deadline for ensured participation (if the target number of RTs is surpassed at this point, application will be closed).

  • Friday, 2020-12-11

    late application deadline

    Late application deadline for research teams (only applies if target number of teams has not been surpassed in the first round ending 2020-11-20).

  • Friday, 2020-12-18

    acceptance notification

    Research teams are notified about acceptance into the project.

  • Monday, 2021-01-11

    distribution of the data

    Research teams receive the data and are informed about the exact hypotheses to test.

  • Friday, 2021-03-26

    submission of short paper

    Deadline for submitting the first version of the short paper with results for the hypotheses.

  • Friday, 2021-04-16

    deadline for belief elicitation

    Deadline for submitting the belief elicitation survey by research teams (the survey will be distributed on Monday, 2021-03-29).

  • Friday, 2021-05-07

    deadline for peer evaluation

    Deadline for submitting comments and ratings by peer evaluators (papers will be sent to reviewers on Monday, 2021-04-05).

  • Friday, 2021-05-28

    deadline for revised submission

    Deadline for submitting the second version of the short paper by research teams (RTs receive two anonymous peer evaluations on the first version of the paper on Monday, 2021-05-10).

  • Monday, 2021-05-31

    best rated papers

    Research teams receive the five short papers (anonymized) that received the highest average peer evaluation to read them.

  • Friday, 2021-06-18

    deadline for revised submission

    Deadline for submitting the third version of the short paper by research teams.

project coordinators

The project will be curated by researchers from the Stockholm School of Economics, the University of Innsbruck, and Vrije Universiteit Amsterdam, in collaboration with Deutsche Börse AG. Deutsche Boerse AG will provide unique data for the RTs to analyze. In case you have any questions regarding the project, please contact the project coordinators via info@fincap.academy.

Anna Dreber
Anna Dreber
Stockholm School of Economics
Felix Holzmeister
Felix Holzmeister
University of Innsbruck
Jürgen Huber
Jürgen Huber
University of Innsbruck
Magnus Johannesson
Magnus Johannesson
Stockholm School of Economics
Michael Kirchler
Michael Kirchler
University of Innsbruck
Albert Menkveld
Albert J. Menkveld
Vrije Universiteit Amsterdam
Sebastian Neusüß
Sebastian Neusüß
Deutsche Börse
Michael Razen
Michael Razen
University of Innsbruck
Utz Weitzel
Utz Weitzel
Vrije Universiteit Amsterdam