Behavioral Economics Working Group
Organized by Nicholas C. Barberis and Xavier Gabaix
November 3, 2012
NBER

Saturday, November 3

1

Expectations of Returns and Expected Returns

Robin Greenwood, Harvard University and NBER
Andrei Shleifer, Harvard University and NBER

2

Financial reporting and market efficiency with extrapolative investors

Milo Bianchi, Toulouse School of Economics
Philippe Jehiel, PSE and UCL

3

Industry Window Dressing

Lauren Cohen, Harvard University and NBER
Dong Lou, London School of Economics and Political Science (LSE)
Huaizhi Chen, University of Texas at Dallas

4

No News is News: Do Markets Underreact to Nothing?

Stefano Giglio, Yale University and NBER
Kelly Shue, Yale University and NBER

5

A Welfare Criterion for Models with Distorted Beliefs

Markus K. Brunnermeier, Princeton University and NBER
Alp Simsek, Yale University and NBER
Wei Xiong, Princeton University and NBER

6

Speculative Betas

David Sraer, University of California, Berkeley and NBER