Behavioral Finance.

• Position: Program and Working Group Meetings - Conference notes - Brief article

The Behavioral Economics Working Group held a meeting on Behavioral Finance in Cambridge on November 3, 2012. NBER Research Associates Nicholas Barberis, Yale School of Management, and Xavier Gabaix, New York University's Stern School of Business, organized the meeting and chose these papers to discuss:

* Robin Greenwood and Andrei Shleifer, Harvard University and NBER, "Expectations of Returns and Expected Returns"

* Milo Bianchi, University Paris-Dauphine, and Philippe Jehiel, PSE and UCL, "Financial Reporting and Market Efficiency with Extrapolative Investors"

* Lauren Cohen, Harvard University and NBER, and Huaizhi Chen and Dong Lou, London School of Economics, "Industry Window Dressing"

* Stefano Giglio, University of Chicago and NBER, and Kelly Shue...