NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.
BEHAVIORAL FINANCE PROGRAM MEETING
Robert J. Shiller and Richard H. Thaler, Organizers
April 20, 2002
University of Chicago
Gleacher Center (Downtown Chicago)
Room 308
450 North Cityfront Plaza Drive
Chicago, IL 60611
PRELIMINARY PROGRAM
FRIDAY, APRIL 19:
6:30 PM Dinner (joint with Corporate Finance)
University of Chicago
Gleacher Center (Downtown Chicago)
Room 621
450 North Cityfront Plaza Drive
Chicago, IL 60611
SATURDAY, APRIL 20:
8:30 AM Continental Breakfast
9:00 AM CHRISTOPHER POLK and PAOLA SAPIENZA, Northwestern University
The Real Effects of Investor Sentiment
Discussant: JEREMY STEIN, Harvard University and NBER
10:00 AM NICHOLAS BARBERIS, University of Chicago and NBER
ANDREI SHLEIFER, Harvard University and NBER
JEFFREY WURGLER, New York University
Discussant: ROBERT SHILLER, Yale University and NBER
11:00 AM Break
11:15 AM SENDHIL MULLAINATHAN, MIT and NBER
Thinking Through Categories
Discussant: JESUS SANTOS, University of Chicago and NBER
12:15 PM Lunch- Room 621
1:15 PM TIM LOUGHRAN, University of Notre Dame
JAY RITTER, University of Florida
Why Has IPO Underpricing Increased Over Time?
Discussant: IVO WELCH, Yale University and NBER
Over, Please!
Behavioral Finance Program, Page 2:
2:15 PM AMIYATOSH K. PURNANANDAM and BHASKARAN SWAMINATHAN,
Cornell University
Are IPOs Underpriced?
Discussant: ALON BRAV, Duke University
3:15 PM Break
3:30 PM MARK GRINBLATT, UC, Los Angeles and NBER
BING HAN, UC, Los Angeles
The Disposition Effect and Momentum
Discussant: HARRISON HONG, Stanford University
4:30 PM Adjourn
3/28/02