Behavioral finance.

• Position: Program and Working Group Meetings - Brief article

The Behavioral Economics Working Group held a meeting on Behavioral Finance in Cambridge on November 15, 2014, organized by NBER Research Associates Nicholas Barberis of Yale University and Kent Daniel of Columbia University. These papers were discussed:

* Daniel Chen, Eidgenossische Technische Hochschule Zurich, and Tobias Moskowitz and Kelly Shue, University of Chicago and NBER, "Decision-Making under the Gambler's Fallacy: Evidence from Asylum Judges, Loan Officers, and Baseball Umpires"

* Tom Chang and David Solomon, University of Southern California; Samuel Hartzmark, University of Chicago; and Eugene Soltes, Harvard University, "Being Surprised by the Unsurprising: Earnings Seasonality and Stock Returns"

* Jon Kleinberg and Chentao Tan, Cornell University; Sendhil Mullainathan, Harvard University and NBER; and Thomas Zimmermann, Harvard University, "Inductive Testing: Theory and an Application to the Disposition Effect"

* Francesco D'Acunto, University of...