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