Newsmaker: Alex Imas |

Newsmaker: Alex Imas

Newsmaker Alex Imas. Alex Imas, 29, of Lawrenceville, won the CESifo Network Affiliate Award for young economists.

Notable: Imas won the Distinguished CESifo Affiliate Award from CESifo Group Munich, a European group focused on economic research. He found that people were less likely to take risks after losses that were “realized” — like selling a losing stock or cashing out after a losing streak at gambling — and more likely to take risks and “chase their losses” if those were just on paper. His research, he said, can help risk managers at financial firms prevent small losses from turning into bigger ones, or keep gamblers from losing everything as they chase one big win to offset mounting losses.

Age: 29

Residence: Lawrenceville

Background: Imas was a fellow at Carnegie Mellon University in 2013-14, then joined the faculty of Dietrich College of Humanities and Social Sciences as an assistant professor of social and decision sciences.

Education: Bachelor’s in economics, Northwestern University, 2007, Master’s in economics, 2010, and a Ph.D. in economics, 2014, both from the University of California, San Diego.

Quote: “Some of the biggest bankruptcies in financial history have happened because traders took on more and more and more risk. … Keeping traders from chasing their losses is very important to risk managers.”

TribLIVE commenting policy

You are solely responsible for your comments and by using you agree to our Terms of Service.

We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.

While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.

We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers

We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.

We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.

We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.

We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.