Behavioral Finance Working Group Meeting

Nicholas C. Barberis, Organizer

November 11, 2022

Cambridge, MA and Zoom

Conference Code of Conduct

Thursday, November 10
6:30 pm
Dinner, Royal Sonesta Hotel
Friday, November 11
8:30 am
Coffee and Pastries
9:00 am
Pamela Giustinelli, Bocconi University
Stefano Rossi, Bocconi University

The Coherence Side of Rationality: Rules of Thumb, Narrow Bracketing, and Managerial Incoherence in Corporate Forecasts
Discussant: Kelly Shue, Yale University and NBER
9:50 am
Zhengyang Jiang, Northwestern University and NBER
Hongqi Liu, Chinese University of Hong Kong, Shenzhen
Cameron Peng, London School of Economics
Hongjun Yan, DePaul University

Investor Memory and Biased Beliefs: Evidence from the Field
Discussant: Michael J. Kahana, University of Pennsylvania
10:40 am
Break
11:10 am
Peter Maxted, University of California, Berkeley

Present Bias Unconstrained: Consumption, Welfare, and the Present-Bias Dilemma
Discussant: Taha Choukhmane, Massachusetts Institute of Technology and NBER
12:00 pm
Lunch
1:00 pm
Dmitriy Sergeyev, Bocconi University
Chen Lian, University of California, Berkeley and NBER
Yuriy Gorodnichenko, University of California, Berkeley and NBER

The Economics of Financial Stress (slides)
Discussant: Neil Thakral, Brown University
1:50 pm
Svetlana Bryzgalova, London Business School
Anna Pavlova, London Business School
Taisiya Sikorskaya, University of Chicago

Retail Trading in Options and the Rise of the Big Three Wholesalers
Discussant: Robert Battalio, University of Notre Dame
2:40 pm
Break
3:10 pm
Matthew Baron, Cornell University
Wei Xiong, Princeton University and NBER
Zhijiang Ye, Princeton University

Measuring Time-Varying Disaster Risk: An Empirical Analysis of Dark Matter in Asset Prices
Discussant: Hui Chen, Massachusetts Institute of Technology and NBER
4:00 pm
Adjourn