Saturday, August 20, 2011, 8:30-10:15 am; Behavioral Finance
Behavioral Asset Pricing I - C2

Session Chair: Juhani Linnainmaa, University of Chicago

  • Local Investors, Price Discovery, and Market Efficiency PDF
    Sophie Shive
    University of Notre Dame
    • Discussant: Zoran Ivković, Michigan State University
  • Market-Wide Sentiment, Firm-Level Sentiment, and IPO Pricing Process PDF
    Emir Hrnjic, Srinivasan Sankaraguruswamy
    National University of Singapore
    • Discussant: Shimon Kogan, University of Texas - Austin

  • “Self-Fulfilling” Stock Recommendations PDF
    Byoung-Hyoun Hwang, Dong Lou
    Purdue University; London School of Economics
    • Discussant: Francois Derrien, HEC - Paris