
معرفی
Dr. Tobias Kellner is a researcher at the University of Erfurt, affiliated with the Faculty of Economics, Law and Social Sciences. He specializes in the Department of Economics with a focus on international economics and econometrics.
His research focuses on the critical examination of efficient financial markets where asset prices are supposed to fully reflect all available information. Dr. Kellner investigates challenges to the efficient-market hypothesis through behavioral finance approaches that have emerged since the 1980s. His work specifically targets gaps in existing literature by exploring new markets such as cryptocurrency markets for efficiency patterns and analyzing underexplored market effects including overreaction-effects, announcement-effects, size-effects and persistence-effects.
Dr. Kellner's research has significant practical implications for financial market regulation, providing scientific foundations for evaluating future regulatory decisions in the financial sector. His work bridges traditional economic theory with contemporary behavioral approaches, contributing to the evolving understanding of market dynamics and investor behavior.


