The Latest News

CFEM Faculty Marcos Lopez de Prado Receives Bernstein Fabozzi/Jacobs Levy Award

Lopez de Prado's article, published in The Journal of Portfolio Management, identifies a significant logical inconsistency within the factor investing literature. He argues that while factor models are intended to have a causal interpretation, researchers virtually never justify their model specification choices in causal terms, hence the question “where are the factors in factor investing?” This oversight leads to misspecified models and the publication of false positives. Furthermore, through Monte Carlo experiments, he shows that misspecified factor models may be so biased as to estimate... Read more

Ice shell thickness reveals water temp on ocean worlds

Decades before any probe dips a toe – and thermometer – into the waters of distant ocean worlds, Cornell astrobiologists have devised a way to determine ocean temperatures based on the thickness of their ice shells, effectively conducting oceanography from space. Read more

Gender can shape how TAs are evaluated, study finds

Male teaching assistants are more likely to receive higher ratings than their female counterparts, and both genders are perceived as more valuable when exhibiting traits historically associated with their respective roles in society, a Cornell study finds. Read more

Six early-career professors win NSF development awards

Researchers studying large-scale artificial intelligence, microbial biomanufacturing and causal inference methods are among the Cornell researchers who recently received National Science Foundation Faculty Early Career Development Awards. Read more