Behavioral Finance Working Group Meeting
Organized by Nicholas C. Barberis
Supported by Bracebridge Capital and Fuller & Thaler Asset Management
May 15, 2020
on Zoom.us
Friday, May 15
9:00 am

Expectations of Fundamentals and Stock Market Puzzles

Pedro Bordalo, University of Oxford
Nicola Gennaioli, Bocconi University
Rafael La Porta, Brown University and NBER
Andrei Shleifer, Harvard University and NBER

Discussant:
Kent D. Daniel, Columbia University and NBER
9:45 am

Maturity Increasing Over-reaction and Bond Market Puzzles

Daniele D'Arienzo, Capital Fund Management

Discussant:
Stefano Giglio, Yale University and NBER
10:30 am
Break
11:00 am

Resolving the Excessive Trading Puzzle: An Integrated Approach Based on Surveys and Transactions

Hongqi Liu, The Chinese University of Hong Kong, Shenzhen (CUHK-SZ)
Cameron Peng, London School of Economics and Political Science (LSE)
Wei A. Xiong, Shenzhen Stock Exchange
Wei Xiong, Princeton University and NBER

Discussant:
Xing Huang, Cornell University
11:45 am

Style Investing, Positive Feedback Loops, and Asset Pricing Factors

Itzhak Ben-David, The Ohio State University and NBER
Jiacui Li, University of Utah
Andrea Rossi, University of Arizona
Yang Song, University of Washington

Discussant:
Juhani T. Linnainmaa, Dartmouth College and NBER
12:30 pm
Break
1:30 pm

Decision Weights For Experimental Asset Prices Based On Visual Salience (slides)

Devdeepta Bose, California Institute of Technology
Henning Cordes, University of Munster
Sven Nolte, Radboud University
Judith Schneider, University of Munster
Colin F. Camerer, California Institute of Technology

Discussant:
Cindy Xiong, Northwestern University
2:15 pm

Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field

Rawley Z. Heimer, Arizona State University
Zwetelina Iliewa, University of Bonn
Alex Imas, University of Chicago and NBER
Martin Weber, Universitaet Mannheim

Discussant:
Nicholas C. Barberis, Yale University and NBER
3:00 pm
Adjourn
Format: 20 minutes for authors, 15 minutes for discussants, 10 minutes for questions and comments.