Discussion Slides

Week 1: Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field; Heimer et al. (2023)

1. • Presenter: Jingoo Kwon (Chicago).

   • Slides: Available here.

Week 2: Naive buying diversification and narrow framing by individual investors; Gathergood et al. (2023)

1. • Presenter: Hee-Seo Han (UC Irvine).

   • Slides: Available here.

Week 3: The Asymmetry in Responsible Investing Preferences; Humphrey et al. (2021)

1. • Presenter: Meichen Qian (Chicago).

   • Slides: Available here.

Week 4: Model-free and model-based learning as joint drivers of investor behavior; Barberis and Jin (2023)

1. • Presenter: Sixun Tang (Chicago).

   • Slides: Available here.

Week 5: Heterogeneous beliefs and stock market fluctuations; McCarthy and Hillenbrand (2022)

1. • Presenter: Ben Marrow (Chicago)

   • Slides: Available here.

Week 6: Experience Effects in Finance: Foundations, Applications, and Future Directions; Malmendier (2021) or Own Research

1. • Presenter: Judith Bohnenkamp (The University of Miami)

   • Slides: Available here.

Week 7: Discontinued Positive Feedback Trading and the Decline of Momentum Profitability; Ben-David et al. (2021)

1. • Presenter: Ioannis Tzoumas (Lund University)

   • Slides: Available here.

Week 1: 

1. The macroeconomics of financial speculation: Simsek (2021).

   • Presenter: Canyao Liu (Yale).

   • Slides: Available here.

Week 2: 

1. Competition for investor's attention in the ETF Space: Ben-David et al. (2021).

   • Presenter: Barry Ke (Yale).

   • Slides: Available here.

2. Cultural evolution, transmission bias and market dynamics: Akcay and Hirshleifer (2020).

   • Presenter: Lin Yang (UT Austin).

   • Slides: Available here.

Week 3: 

1. The effect of stock ownership on individual spending and loyalty: Medina et al. (2021).

   • Presenter: Ben Marrow (Chicago).

   • Slides: Available here.

Week 4: 

1. Optimally imprecise memory and biased forecasts: da Silveira et al. (2020).

   • Presenter: Jingoo Kwon (Chicago).

   • Slides: Available here.

Week 5:

1. CEO behavioral integrity: Dikolli et al. (2020)

   • Presenter: Michael Cuna (Chicago)

   • Slides: Available here.

Week 1: 

1. Prospect theory and 22 stock market anomalies: Barberis et al. (2020).

   • Presenter: Blair Vorsatz (Chicago).

   • Slides: Available here.

2. Extrapolative model: Barberis et al. (2015) and Barberis et al. (2018).

   • Presenter: Jingoo Kwon (Chicago).

   • Slides: Available here.

Week 2: 

1. Analysts bias: Lim (2001) and Hirshleifer et al. (2020).

   • Presenter: Elena Istomina (Chicago).

   • Slides: Available here.

2. Neural data in experimental settings: Frydman et al. (2014).

   • Presenter: Michael Cuna (Chicago).

   • Slides: Available here.

Week 3: 

1. Investor's attention and managerial incentives: Gilje et al. (2020).

   • Presenter: Ching-Tse Chen (Chicago).

   • Slides: Available here.

2. (Original Research) Political Diversity amidst Polarization: Evidence from Mutual Fund Managers during Covid-19.

   • Presenter: Blair Vorsatz (Chicago).

Week 4: 

1. Asymmetric information & disclosure: Blankespoor et al. (2020) (section 1-2) and Gabaix (2019) (section 1-2.2).

   • Presenter: June Huang (Chicago).

   • Slides: Available here.

2. Expectations uncertainty and household economic behavior: Ben-David et al. (2018).

   • Presenter: Ben Marrow (Chicago).

   • Slides: Available here.

Week 5: 

1. Behavioral inattention - models of deterministic & stochastic attention: Gabaix (2019) (section 4 & 6).

   • Presenter: Rayhan Momin (Chicago).

   • Slides: Available here.

Week 6: 

1. Style investing and non-fundamental demand: Ben-David et al. (2021).

   • Presenter: Kalash Jain (Chicago).

   • Slides: Available here.

Week 7: 

1. (Original Research) To the Depth of the Sunk Cost: a Field Experiment Revisiting the Sunk Cost Fallacy

   • Presenter: Mateusz Stalinski (Chicago).

Week 8: 

1. Roles of social interactions in financial decision making: Kuchler and Stroebel (2020).

   • Presenter: Barry Ke (Yale).

   • Slides: Available here.

2. Ownership affects learning and beliefs: Hartzmark et al. (2020).

   • Presenter: Canyao Liu (Yale).

   • Slides: Available here.