1st Annual Behavioural Finance Conference

Please contact Amy Marshall at amarshall@business.queensu.ca for further information on registration.
Queen’s University, Kingston, Canada
March 27-28, 2010
Conference Program
The organizers- Fatma Sonmez (Queen’s Business School) and Frank Milne (Queen’s University, Department of Economics)-gratefully acknowledge financial support from the Research Office at Queen’s School of Business without which this conference could not have been organized.
Paper presentation is 30 min, discussion is 20 min and questions 10 min. Note: All paper presentations/discussions will take place in the Donald Gordon Centre.
First day: Saturday, March 27, 2010
| 9:00-9:25AM | INTRODUCTORY REMARKS |
| 9:30-11:45 AM | SESSION 1: Chair: Selim Topaloglu, Queen’s University “Country-Specific Sentiment and Security Prices” Author/s: Byoung-Hyoun Hwang Presenter: Byoung-Hyoun Hwang, Purdue University Discussant: Fabio Moneta, Queen’s University |
| 10:30-10:45AM | COFFEE BREAK “Political Climate, Optimism, and Investment Decisions” Author/s: Yosef Boaparte, Alok Kumar, Jeremy Page Presenter: Alok Kumar, University of Texas at Austin Discussant: Laurence Booth, University of Toronto |
| 12:00-2:00PM | LUNCH AT DONALD GORDON CENTRE |
| 2:00-4:10PM | SESSION 2: Chair: Louis Gagnon, Queen’s University “IPOs as Lotteries: Expected Skewness and First-Day Returns” Author/s: T. Clifton Green and Byoung-Hyoun Hwang Presenter: T. Clifton Green, Emory University Discussant: James Thompson, University of Waterloo |
| 3:00-3:10PM | COFFEE “Stock Price Fragility” Author/s: Robin Greenwood and David Thesmar Presenter: Robin Greenwood, Harvard University Discussant: Mark Kamstra, York University |
| 6:30-9:15PM | DINNER AT QUEEN’S SCHOOL OF BUSINESS ATRIUM* |
Second Day: Sunday, March 28, 2010
|
8:15-8:30AM |
COFFEE |
| 8:30-10:35 | SESSION 3: Chair: Sean Cleary, Queen’s University “A Reference Point Theory of Mergers and Acquisitions” Author/s: Malcom Baker,Xin Pan and Jeffrey Wurgler Presenter: Jeffrey Wurgler, New York University Discussant: Ming Dong, York University “Generalized Agency Problems” Author/s: Randall Morck Presenter: Randall Morck, University of Alberta Discussant: Adolfo De Motta, McGill University |
| 10:35-10:55AM | COFFEE BREAK |
| 11:00-1:00PM | SESSION 4: Chair: Lew Johnson, Queen’s University “Nature or Nurture: What Determines Investor Behaviour?” Author/s: Amir Barnea, Henrik Cronqvist and Stephan Siegel Presenter: Henrik Cronqvist, Claremont McKenna College Discussant: Jan Mahrt-Smith, University of Toronto “Investors with Too Many Options?” Author/s: Daniel Dorn Presenter: Daniel Dorn, Drexel University Discussant: Lisa Kramer, University of Toronto |
| 1:00-2:00PM | LUNCH AT THE DONALD GORDON CENTRE |
