First Annual Whitebox Advistors Graduate Student COnference on Behavioral Approaches to Finance, Economics and Marketing On Behavioral Science

May 7th, 2005
General Motors Room, Yale School of Management, 55 Hillhouse Avenue

International Center for Finance,
Yale School of Management

8.00 am	Breakfast, General Motors Room
8.30 am	Session one: Investor Choice
	Commentator: Nicholas Barberis, Yale School of Management
	Introduction, Anat Bracha, Economics Department, Yale University Julia Ott, History Department, Yale University
	Julia Ott, History Department, Yale University, "'Be A Stockholder in Victory!': Financial Nationalism and the American Citizen Investor of the First World War"
	Andrea Frazzini, Economics Department, Yale University, Dumb Money: Mutual Fund Flows and Return Predictability
	Lauren Cohen, Graduate School of Business, University of Chicago, Loyalty Based Portfolio Choice
10.15 am	Break
10.30 am	Session two: Financial Choices of the Working Class and the Impoverished
	Commentator: William N. Goetzmann, Yale School of Management
	Introduction, Andrea Frazzini, Economics Department, Yale University
	Paige Skiba, Economics Department, University of California, Berkeley Jeremy Tobacman, Economics Department, Harvard University Payday Loans, Consumption Shocks and Discounting
	Elaine Lewinnek, American Studies, Yale University, Better than a Bank for a Poor Man? The Politics of Working-Class Home Ownership in Chicago, 1880 - 1920
	Marieke Huysentruyt, London School of Economics, Insurance Decisions of the Very Poor
12.15 pm	Keynote Address and Lunch
	Robert Shiller, Stanley B. Resor Prof Economics, Cowles Foundation and School of Management, Yale University;
1:15 pm	Session three: Consumer Choice
	Commentator: Nathan Novemsky, Yale School of Management
	Introduction, Wentao Yuan, Psychology Department, Yale University
	Uzma Khan, Yale University, Effects of Future Choices on Current Preferences
	Gergely Ujhelyi, Economics Department, Harvard University, Social Learning with Self-Selection and Surprises
	Han Lee, Graduate School of Business, Stanford University, Do Consumers Know their WIllingness to Pay? Evidence from Ebay Auctions
3.00 pm	Break
3:30 pm	Session four: Psychology and Microeconomics Theory
	Commentator: Hanming Fang, Economics, Yale University
	Introduction, Uzma Khan, School of Management, Yale University
	John Smith, Economics Department, Princeton University, Cognitive Dissonance and the Overtaking Anomaly: Psychology in the Principal-Agent Relationship
	Anat Bracha, Economics Department, Yale University, Affective Decision Making in Insurance Markets
	Benjamin Ho, Graduate School of Business, Stanford University, An Economic Theory of Apologies