Behavioral Finance Meeting
Organized by Nicholas C. Barberis
Supported by Bracebridge Capital and Fuller and Thaler Asset Management
November 12, 2021
on Zoom

Friday, November 12

10:00 am

The 2000s Housing Cycle With 2020 Hindsight: A Neo-Kindlebergerian View

Gabriel Chodorow-Reich, Harvard University and NBER
Adam Guren, Boston University and NBER
Timothy McQuade, University of California, Berkeley and NBER

Discussant:
Tim Landvoigt, University of Pennsylvania and NBER

10:45 am

The Role of Beliefs in Asset Prices: Evidence from Exchange Rates

Joao Paulo Valente, Yale University
Kaushik Vasudevan, Purdue University
Tianhao Wu, Yale University

Discussant:
Adrien Verdelhan, Massachusetts Institute of Technology and NBER

11:30 am

Break

12:00 pm

Do Teams Alleviate or Exacerbate Behavioral Biases? Evidence from Extrapolation Bias in Mutual Funds

Ricardo Barahona, Banco de España
Stefano Cassella, Tilburg University
Kristy A.E. Jansen, University of Southern California

Discussant:
Anastassia Fedyk, University of California, Berkeley

12:45 pm

Break

1:30 pm

The Inference-Forecast Gap in Belief Updating

Tony Qiaofeng Fan, Stanford University
Yucheng Liang, Carnegie Mellon University
Cameron Peng, London School of Economics and Political Science (LSE)

Discussant:
Daniel J. Benjamin, University of California, Los Angeles and NBER

2:15 pm

Dynamics of Subjective Risk Premia

Stefan Nagel, University of Chicago and NBER
Zhengyang Xu, City University of Hong Kong

Discussant:
Monika Piazzesi, Stanford University and NBER

3:00 pm

Break

3:30 pm

Model-free and Model-based Learning as Joint Drivers of Investor Behavior

Nicholas C. Barberis, Yale University and NBER
Lawrence J. Jin, Cornell University and NBER

Discussant:
Alex Chinco, Michigan State University

4:15 pm

Adjourn