Hammad Siddiqi is a Research Fellow at CERP. He is an Assistant Professor of Economics at the Lahore University of Management Sciences (LUMS). His research seeks to incorporate insights from individual and social psychology into economic models with the objective of providing explanations for puzzles in financial markets. Recently he is looking at how ‘relative thinking’ and the ‘lure of choice’ can explain excess volatility and the closed-end mutual fund paradox. Other areas of interest include experimental economics and experimental development economics. His current teaching interests are in finance, behavioral game theory, and experimental economics. He holds a PhD in Financial Economics from Northern Illinois University.