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, The Chinese University of Hong Kong, Shenzhen (CUHK–SZ)
Cameron Peng, London School of Economics and Political Science (LSE)
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