Farshad Hagh-panah is a Ph.D. Candidate in Finance at Haas School of Business, University of California at Berkeley with an expected degree date of December 2017. He completed his M.B.A. in Finance at Sharif University of Technology in 2011, and two bachelor degrees in electrical engineering and petroleum engineering in 2008. Farshad has worked in financial sector as Financial Consultant and Head of Research. His main concern, currently, is improving the stability of financial markets, and consequently, his research interests are information economics, market microstructure, and behavioral finance.