2020 Program

Thursday, February 13, 2020

6:30 – 8:00 p.m. Welcome Reception

Friday, February 14, 2020

7:30 – 8:00 a.m. Breakfast

8:00 – 9:30 a.m. Session I

Session Chair: Jeffrey Zwiebel (Stanford)

On the magnification of small biases in decision-making
Shaun Davies (Colorado), Edward Van Wesep (Colorado), and Brian Waters (Colorado)
Discussant: Philipp Illeditsch (Wharton)

Uncovering the Hidden Effort Problem
Azi Ben-Rephael (Rutgers), Bruce Carlin (Rice), Zhi Da (Notre Dame), and Ryan Israelsen (Michigan State)
Discussant: Michael Lemmon (Citadel)

9:30 – 10:00 a.m. Coffee Break

10:00 a.m. – 12:15 p.m. Session II

Session Chair: Edward Van Wesep (Colorado)

A theory of socially responsible investment
Martin Oehmke (LSE) and Marcus Opp (Stockholm)
Discussant: Diego Garcia (Colorado)

Capital Composition and Productivity under Uncertainty: Evidence from the Shipping Industry
Murillo Campello (Cornell), Gaurav Kankanhalli (Cornell), and Hyunseob Kim (Cornell)
Discussant: Andrea Lanteri (Duke)

Trading Credit (Subsidies) for Votes: The Effect of Local Politics on Small Business Lending
Sahil Raina (Alberta) and Sheng-Jun Xu (Alberta)
Discussant: Igor Cunha (Kentucky)

12:15 – 1:15 p.m. Lunch

1:15 p.m. Afternoon activity – Hiking or free time

6:30 p.m. Conference Reception and Dinner

Saturday, February 15, 2020

7:30 – 8:00 a.m. Breakfast

8:00 – 9:30 a.m. Session III

Session Chair: Rawley Heimer (Boston College)

Financing Entrepreneurship: Tax Incentives for Early-Stage Investors
Matthew Denes (CMU), Xinxin Wang (UNC), and Ting Xu (Virginia)
Discussant: Filippo Mezzanotti (Northwestern)

Knowledge Cycles and Corporate Investment 
Cecilia Bustamante (Maryland), Julien Cujean (Bern), and Laurent Fresard (Lugano)
Discussant: William Mann (Emory)

9:30 – 10:00 a.m. Coffee Break

10:00 a.m. – 12:15 p.m. Session IV

Session Chair: Wayne Ferson (USC)

Price Revelation from Insider Trading: Evidence from Hacked Earnings News
Vincent Gregoire (HEC Montreal), Pat Akey (Toronto), and Charles Martineau (Toronto)
Discussant: Vyacheslav (Slava) Fos (Boston College)

Horizon Bias and the Term Structure of Equity Returns 
Stefano Cassella (Tilburg), Benjamin Golez (Notre Dame), Huseyin Gulen (Purdue), and Peter Kelly (Notre Dame)
Discussant: Carolin Pflueger (Chicago)

Duration-Driven Returns 
Niels Gormsen (Chicago) and Eben Lazarus (MIT)
Discussant: Sophie Shive (Notre Dame)

12:15 – 2:00 p.m. Closing Lunch