Behavioral Finance.

Members of the NBER's Behavioral Finance Working Group met November 1 in Cambridge. Research Associate Nicholas C. Barberis of Yale University organized the meeting. These researchers' papers were presented and discussed:

* Peter D. Maxted, Harvard University, "A Macro-Finance Model with Sentiment"

* Francesco D'Acunto, Boston College; Ulrike Malmendier, University of California, Berkeley and NBER; Juan Ospina, University of Chicago; and Michael Weber, University of Chicago and NBER, "Exposure to Daily Price Changes and Inflation Expectations" (NBER Working Paper 26237)

* Samuel M. Hartzmark and Samuel D. Hirshman, University of Chicago, and Alex Imas, Carnegie Mellon University, "Ownership, Learning and Beliefs"

* Nicholas C. Barberis; Lawrence J. Jin, California...