Camelia Kuhnen

Camelia Kuhnen


Associate Professor of Finance
Contact: camelia_kuhnen@kenan-flagler.unc.edu | T (919) 962-3284
Department: Kenan-Flagler Business School

Research Interests

Neuroeconomics and Behavioral Finance (imaging and genetics), Corporate Finance (experimental and field data)

In my neuroeconomics work I study the micro-foundations of financial decision making by investigating the brain and genetic mechanisms responsible for learning and risk taking in financial markets.  In my corporate finance work, I analyze issues at the intersection of behavioral and organizational economics. I study how firms select and incentivize employees and the role of social connections and social comparisons for these processes.

Website

Recent Publications

Asymmetric learning from financial information, under review at the Journal of Finance

The influence of affect on beliefs, preferences and financial decisions (with Brian Knutson). Journal of Financial and Quantitative Analysis, 46 (3): 605-626, June 2011 (lead article)

Variability in nucleus accumbens activity mediates age-related suboptimal financial risk taking (with Gregory Samanez-Larkin, Daniel Yoo, and Brian Knutson). Journal of Neuroscience, 30 (4):1426-1434, January 2010               

Genetic determinants of financial risk taking (with Joan Y. Chiao). PLoS ONE, 4 (2), February 2009

Nucleus accumbens activation mediates the influence of reward cues on financial risk taking (with Brian Knutson, G. Elliott Wimmer and Piotr Winkielman). NeuroReport, 19 (5): 509-513, March 2008

The neural basis of financial risk taking (with Brian Knutson). Neuron, 47:763-770, September 2005

Delays conferred by escalating costs modulate dopamine release to rewards but not their predictors (with Matthew Wanat and Paul Phillips). Journal of Neuroscience, 30 (36): 12020-12027, September 2010

Gain and loss learning differentially contribute to life financial outcomes (with Brian Knutson and Gregory Samanez-Larkin). PLoS ONE, 6 (9), September 2011

Serotonergic genotypes, neuroticism, and financial choices (with Brian Knutson and Gregory Samanez-Larkin). PLoS ONE, 8 (1), January 2013