FINANCE

 

 

INSEAD Finance Symposium

22-23 June 2018
INSEAD Europe Campus

Organised by Professors Lily Fang and Joel Peress

The conference is by invitation only.
 

 

 

 

Programme

Friday 22 June 2018 - amphi William Soeryadjaya EAC

08.30 - 09.00Welcome Coffee
  
09.00 - 10.30Session 1 - Information Acquisition
  
 

Institutional investors and information acquisition
Adrian Buss* (INSEAD) and  Matthijs Breugem (Collegio Carlos Alberto)
Discussant : Savitar Sundaresan (Imperial College London)

 

Dynamic information acquisition and strategic trading
Snehal Banerjee* (UC San Diego) and Bradyn Breon-Drish (UC San Diego)
Discussant : Jungsuk Han (Stockholm School of Economics)

10.30 - 10.45Coffee Break
  
11.00 - 12.30Session 2 - Security Design
  
 

Dynamic liquidity-based security design
Kathy Yuan* (LSE)
Discussant:  Sergei Glebkin (INSEAD)

 

Contracting on credit ratings: adding value to public information
Christine Parlour* (Haas School, Berkeley)
Discussant: John Kuong (INSEAD)

12.45 - 14.00Lunch at the INSEAD restaurant
  
14.00 - 15.30Session 3 - Information Acquisition II
  
 

Feedback effect and investor Information acquisition: implications for agency problems
Jesse Davis* (UNC), Naveen Gondhi (INSEAD)
Discussant: Thierry Foucault (HEC Paris)

 

Liquidity creation as volatility risk
Alan Moreira* (University of Rochester), Itamar Dreschsler (NYU) and Alexi Savov (NYU)
Discussant: Daniel Schmidt (HEC Paris)

15.30 - 15.45Coffee Break
  
15.45 - 17.15Session 4 - Perceptions and Expectations
  
 

How do investors perceive risks from macroeconomic and financial uncertainty? Evidence from 19 option markets
Stefano Giglio* (Yale SOM), Ian Dew-Becker (Northwestern University), Bryan Kelly (Yale SOM)
Discussant: Federico Gavazzoni (INSEAD)

 New experimental evidence on expectation formation
Augustin Landier* (HEC Paris) and Yueran Ma (Harvard University)
Discussant: Harrison Hong (Columbia University)
 
18.00 - 19.00Cocktail at the Cercle
19.00 - 21.00Dinner at the Cercle
  

Saturday 23 June 2018

 
09.00 - 10.30Session 5 - Frictions
  
 

Risk prices vary in the cross section
Brian Weller* (Duke University)
Discussant: Dong Lou (LSE)

 Funding constraints and informational efficiency
Naveen Gondhi* (INSEAD), Sergei Glebkin (INSEAD), John Kuong (INSEAD)
Discussant: Cecilia Parlatore (NYU Stern)
 
10.30-10.45Coffee Break
  
10.45-12.15Session 6 - Information Frontier
  
 Fake news in financial markets
Shimon Kogan* (IDC Herzliya & MIT), Tobias J Moskowitz (Yale University) and Marina Niessner (Yale University)
Discussant: Lily Fang (INSEAD)
 
 The madness of crowds and the likelihood of bubbles
Alex Chinco* (University of Illinois UC)
Discussant: Joel Peress (INSEAD)
 
Adjourn 

 

 

Guest speakers

Snehal BANERJEE, UC San Diego
Alex CHINCO, University of Illinois at Urbana-Champaign
Jesse DAVIS, Kenan-Flagler UNC
Thierry FOUCAULT, HEC Paris
Stefano GIGLIO, Yale SOM
Jungsuk HAN, Stockholm School of Economics
Harrison HONG, Columbia University
Shimon KOGAN, IDC Hersliya & MIT Sloan School
Augustin LANDIER, HEC Paris
Dong LOU, London School of Economics
Alan MOREIRA, University of Rochester
Cecilia PARLATORE, NYU Stern
Christine PARLOUR, Haas School, Berkeley
Daniel SCHMIDT, HEC Paris
Savitar SUNDARESAN, Imperial College
Brian WELLER, Duke University
Kathy YUAN, London School of Economics

Participants

Frederico BELO, University of Minnesota / INSEAD
Adrian BUSS, INSEAD​
Bingfeng CEN, INSEAD
Dmitry CHEBOTAREV, INSEAD
Paula COCOMA, INSEAD
Jean-Edouard COLLIARD, HEC Paris
Bernard DUMAS, INSEAD
Lily FANG, INSEAD
Federico GAVAZZONI, INSEAD
Sergei GLEBKIN, INSEAD
Naveen GONDHI, INSEAD
Denis GROMB, HEC Paris
Pekka HIETALA, INSEAD
Johan HOMBERT, HEC Paris
Pekka HONKANEN, HEC Paris
Mingyi HUA, HEC Paris
John KUONG, INSEAD
Pascal MAENHOUT, INSEAD
James O'DONOVAN, INSEAD
Joel PERESS, INSEAD
Dmitrii PUGACHEV, INSEAD
Lucie TEPLA, INSEAD
Sashikanth YENIKA, INSEAD
Bart YUESHEN, INSEAD
Jinyuan ZHANG, INSEAD
Junli ZHAO, HEC Paris
Yijun ZHOU, INSEAD

 

 
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Email: contact us
 

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