Tonn Talpsepp

Tonn Talpsepp serves as a Visitor (Faculty) in the Department of Finance, conducting research at the intersection of behavioral economics and financial markets with particular emphasis on real estate and stock trading dynamics.

His research program investigates how demographic variables (gender, age) and educational background shape financial decision-making processes. Core focus areas include herding behavior in residential real estate transactions, the psychological drivers of the disposition effect in securities trading, and the relationship between academic abilities and investment performance. This work bridges microeconomic theory with empirical market analysis to uncover behavioral anomalies influencing asset pricing.

Publications spanning 2019-2021 reveal consistent methodological rigor in analyzing transaction-level data, with growing citation impact (10 citations for 2020 work, 9 for 2019). His research demonstrates increasing sophistication in modeling how educational attainment moderates behavioral biases across different asset classes.

Talpsepp contributed to the Academy of Finland-funded project 'Profi5-ryhmä Keloharju E70700' (2019-2023) as a project member, focusing on strengthening university research profiles. During 2023, he provided expert commentary in six media appearances analyzing Estonian real estate market trends, including construction industry declines and developer caution amid cooling sectors.