N.R. (Nishad) Matawlie

Erasmus School of Economics (ESE)
Erasmus University Rotterdam
ERIM Doctoral Student
Field: Finance & Accounting
Affiliated since 2015

PhD Project

Behavioural Real Options

This research project, in the field of Mergers and Acquisitions (M&A), corporate finance, behavioural finance and real options, aims to study activity of behavioural biased investors in corporate acquisitions. There are several puzzles, such as the puzzle on toeholds, on high acquisition premiums and on merger waves, which could be explained with a behavioural view. This research aims at exploring these puzzles, both from  theoretical  and  empirical angles. Furthermore it will include dynamic models of investment under uncertainty, augmented by behavioural theory.

Keywords
Overconfidence, Toehold Puzzle, Serial Acquisitions, Real options, Game Theory, Behavioural finance.
Time frame
2015 -

Address

Visiting address

Office: Tinbergen Building H08-31
Burgemeester Oudlaan 50
3062 PA Rotterdam

Postal address

Postbus 1738
3000 DR Rotterdam
Netherlands

Supervisory team

Nishad Matawlie
Professor of Corporate Finance
Promotor
Rick Aalbers
Co-Promotor
Nishad Matawlie
Professor of Corporate Finance
Co-Promotor