NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.



CORPORATE FINANCE PROGRAM MEETING

Paola Sapienza and Luigi Zingales, Organizers



November 30, 2007

Royal Sonesta Hotel

40 Edwin H. Land Boulevard

Cambridge, Massachusetts



PROGRAM



THURSDAY, NOVEMBER 29:



6:30 PM Dinner

Royal Sonesta Hotel

Skyline A,B, & C

40 Edwin H. Land Boulevard

Cambridge, MA 02142



FRIDAY, NOVEMBER 30:



8:00 AM Continental Breakfast



8:30 AM Experimental Corporate Finance

ERNST FEHR, University of Zurich

SUSANNE KREMHELMER and KLAUS M. SCHMIDT, University of Munich

Fairness and the Optimal Allocation of Ownership Rights

Discussant: DAVID SCHARFSTEIN, Harvard University and NBER



9:15 AM FLORIAN EDERER and GUSTAVO MANSO, MIT

Incentives for Innovation: Evidence from a Laboratory Experiment

Discussant: CHRISTIAN ZEHNDER, Harvard University

10:00 AM Break



10:20 AM Beliefs and Financial Decisions

LAURA BOTTAZZI, Bocconi University

MARCO DA RIN, Tilburg University

THOMAS HELLMANN, University of British Columbia

The Importance of Trust of Investment: Evidence from Venture Capital

Discussant: BRUCE CARLIN, UC, Los Angeles



11:05 AM RON KANIEL and DAVID T. ROBINSON, Duke University

CADE MASSEY, Yale University

The Importance of Being An Optimist: Evidence from Labor Market

Discussant: PAOLA SAPIENZA, Northwestern University and NBER



11:50 AM Lunch



CORPORATE FINANCE PROGRAM, PAGE 2:



12:50 PM Corporate Finance and Psychology

STEVEN KAPLAN and MORTEN SORENSEN, University of Chicago and NBER

MARK KLEBANOV, University of Chicago

Which CEO Characteristics and Abilities Matter?

Discussant: ROBERTO WEBER, Carnegie Mellon University



1:35 PM CAMELIA M. KUHNEN, Northwestern University

BRIAN KNUTSON, Stanford University

The Impact of Affect on Beliefs, Preferences and Financial Decisions



Discussant: COLIN CAMERER, Caltech



2:20 PM Break

The Future of Corporate Finance I



2:40 PM MALCOLM BAKER, Harvard University and NBER

2:55 PM ANTIONETTE SCHOAR, MIT and NBER



3:10 PM CHRISTOPHER HENNESSY, UC, Berkeley



3:25 PM The Future of Corporate Finance II



5:00 PM Adjourn



11/5/07