2004 Annual Conference

PEOPLE AND MONEY

The Human Factor in Financial Decision-Making

 

DePaul Center, Chicago

January 30-31, 2004

 

This two-day workshop featured eight academic speakers and about 25 other scholars who debated the quality of financial decisions made by amateur investors, money managers, and executives.

LIST OF PAPER PRESENTERS AND DISCUSSANTS

 

William N. Goetzmann and Alok Kumar, “Diversification decisions of individual investors and asset prices.”

Discussant: Mary Bange

 

Bin Ke and Kathy Petroni, “How informed are institutional investors? Evidence from their trading behavior before a break in a string of consecutive earnings increases.”

Discussant: Beverly Walther

 

Dirk Hackbarth, “Determinants of corporate borrowing: A behavioral perspective.”

Discussant: Martin Ruckes

 

Augustin Landier and David Thesmar, ”Financial contracting with optimistic entrepreneurs: Theory and evidence.”

Discussant: Masako Ueda

 

Ernst Maug and Kristian Rydqvist, “Do shareholders vote strategically? Evidence on the advisory role of annual general meetings.”

Discussant: Steven Todd

 

Oleg Bondarenko, “Why are put options so expensive?”

Discussant: Bing Han

 

Josef Lakonishok, Inmoo Lee, and Allen M. Poteshman, “Option market activity and behavioral finance.”

Discussant: Tyler Shumway

 

Claire Hill, “Beyond mistakes: The next wave in behavioral law and economics.“

Discussant: Werner De Bondt