Time: 9:00am - 5:00pm Venue: School of Business and Management, Bancroft Building, Mile End Campus, Queen Mary, University of London, E1 4NS
Organisers: Gulnur Muradoglu (Queen Mary, University of London, UK) and Peter Ayton (City University, London, UK)
In this two-day meeting, we will consider how the fields of behavioural finance, economic psychology and other related areas can account for financial decision making by individuals and institutions and the consequences for market prices, asset returns, corporations and social policy. We plan to give a focus on austerity measures, poverty and policy in the post crisis era.
In the post banking crisis era, with government austerity programs reducing welfare provisions, thinking on the behavioural causes and behavioural consequences of poverty has a new emphasis. Rationality of choice has been a central preoccupation of behavioural finance research, but has a special emphasis in some accounts of poverty which impugn the rationality of the poor by arguing that poverty is exacerbated or even caused by the choices made by the poor.
Recent studies challenge this view and suggest that standard behavioural models applied to the circumstances encountered by those living in poverty can account for observed apparently maladaptive behaviours. This debate has clear implications for understanding poverty and, crucially, for the design of policy to alleviate poverty.Registration - £300.00
To register please visit: http://eshop.qmul.ac.uk/browse/extra_info.asp?compid=1&modid=2&deptid=34&catid=1&prodid=414
Contact: bfwg@qmul.ac.uk
Download Draft Conference Programme
Getting government debt down: lessons from the anthropology of economic management in British postwar governments [PDF 485KB]Perri 6, School of Business and Management, Queen Mary, University of LondonFactor covariances predict factor returns [PDF 257KB]Nigel J. Barradale, Copenhagen Business SchoolSoeren Hvidkjaer, Copenhagen Business SchoolFlu Epidemic, Limited Attention and Analyst Forecast Behavior [PDF 123KB]Nathan Dong, Columbia UniversityYuna Heo, Rutgers UniversityGlamour, Value and the Changing P/E [DOC 1,543KB]Keith Anderson, The York Management School, University of YorkTomasz Zastawniak, Mathematics department, University of YorkFeedback, Framing, Personality and Risk Attitude. Experiments on Factors Affecting Financial Optimism [PDF 1,012KB]Jiayi Balasuriya, Westminister Business SchoolGulnur Muradoglu, School of Business and Management, QMUL Peter Ayton, City UniversityDo firms manage investors' attention? Evidence from the preparation of earnings announcement events [PDF 630KB]Olivier Dessaint, HEC ParisIndividual Investors Repurchasing Behavior: Preference for Stocks Previously Owned [PDF 279KB]Cristiana Cerqueira Leal, School of Economics and Management – NIPE & University of MinhoManuel J. Rocha Armada, NIPE & School of Economics and ManagementGilberto Loureiro, NIPE & School of Economics and Management – University of MinhoEntrepreneurial Under-Diversification: Over Optimism and Overconfidence [PDF 154KB]Enrico Maria Cervellati, University of BolognaPierpaolo Pattitoni, University of Bologna Marco Savioli, The Rimini Centre for Economic Analysis (RCEA)Rassoul Yazdipour, Academy of Behavioral Finance & EconomicsThe Reference Point Effect on Executive Compensation - A Behavioural ApproachYa Gao, Surrey Business School, University of SurreyJean J. Chen, Surrey Business School, University of SurreyWeian Li, Nankai University of ChinaYouchao Tan, Dongbei University of Finance and EconomicsDo Gender and Age Matter in Trading Discpline [PDF 607KB]Teng Yuan Cheng, Nanjing Audit UniversitySelvi Ocktaviani, Nankai University of ChinaHung Chih Li, Nankai University of ChinaChao Hsien Lin, North-East University of Economics and FinancesDisappointment Aversion Preferences and the Credit Spread Puzzle [PDF 527KB]Stefanos Delikouras, University of MiamiKnowing What Not to Do: Financial Literacy and Consumer Credit Choices [PDF 403KB]Christian D Dick, Centre for European Economic Research (ZEW) Mannheim, GermanyLena M. Jaroszek, Centre for European Economic Research (ZEW) Mannheim and University of MannheimAnalyst earnings forecasts, individual investors? expectations and trading volume: An experimental approach [PDF 563KB]Thanh Huong Dinh, IRG – University of ParisJean-Francois Gajewski IREGE – University of Savoie Duc Khuong Nguyen, IPAG Lab, IPAG Business SchoolRisk and Responsibility [PDF 77KB]Darren Duxbury, Newcastle University Business SchoolBarbara Summers, Leeds University Business SchoolThe disposition effect – preferences or emotionsSina Erdal, University of EssexChristian Bakketeig, University of EssexAndrew Woods Univesrity of EssexThe Impact of Federal Reserve Statements and Chairman [PDF 3,794KB]Arman Eshraghi, University of Edinburgh Business SchoolKristjan ThorarinssonJens HagendorffMicrofinance, client-centricity and financial performance: evidence from India [PDF 96KB]Richard Fairchild, School of Management, University of BathIan Crawford, School of Management, University of BathPhilip Brown ,School of Management, University of BathAffect Account of the Disposition Effect and Consequences for Stock Prices [PDF 367KB]Tommy Gärling, University of GothenburgMary Blomman, University of GothenburgTim Carle, University of LuxembourgThe power of cognitive reappraisal to reduce the disposition effect in private traders [DOC 81KB]Paul Grayson, The Open University Business SchoolProf Mark Fenton-O’Creevy, The Open University Business SchoolDr Ben Hardy, The Open University Business SchoolCredit rating, Post-earnings-announcement-drift, and Arbitrage from transient institutionsHE Guanming, University of WarwickCapital Structure Inertia and Product Market Competition [PDF 800KB]Xia Wu, University of MelbourneAndré Gygax, University of MelbourneGabrielle Wanzenried, Institute for Financial Services, Zug
Time-Varying Momentum Payoffs and Illiquidity [PDF 908KB]Si Cheng, Queens University, BelfastAllaudeen Hameed, National University of SingaporeDoron AvramovHeterogeneous Time Preferences Within The Household [PDF 386KB]Andrew Hertzberg, Columbia UniversityPlaying Fast and Frugal with Stock Market Forecasts [PDF 281KB]Zwetelina Iliewa, Centre for European Economic Research, GermanyMarkus Glaser, Institute for Capital Markets and Corporate Finance, Ludwig-Maximilians- Universit¨at MunichFinnish and American household financial behavior during the 2008 financial crisis [PDF 191KB]Raija Järvinen, National Consumer Research CentreJukka Laitamäki, New York UniversityHouse Money Effects in Experimental Asset Markets [PDF 2,232KB]Debapriya Jojo Paul, Australian School of BusinessJulia Paul, Faculty of Business, Bond University Sian Owen, School of Banking and Finance, Australian School of BusinessRevealing animal spirits of the Euro Area Debt Crisis? [PDF 1,799KB]E. Mamatzakis, Business, Management and Economics SchoolNews Media Sentiment and Investor Behavior [PDF 927KB]Roman Kraussl, Luxembourg School of Finance and the Center for Alternative Investments at Goizueta Business School, Emory UniversityElizaveta Mirgorodskaya, VU University AmsterdamBelief Dispersion among Household Investors and Stock Trading Volume [PDF 308KB]Dan Li, Federal Reserve Board of GovernorsGeng Li, Division of Research and Statistics, Federal Reserve Board of GovernorsTrustworthiness and Relationships [PDF 547KB]Geng Li, Federal Reserve BoardJane Dokko, Federal Reserve BoardGamblers as Personal Finance Activists [PDF 297KB]Geng Li, Federal Reserve BoardLong-range planning attitude in a declining welfare: when individual behaviours inhibit retirement voluntary plans [PDF 271KB]Caterina Lucarelli, Faculty of Economics, University Politecnica MarcheBarbara Alemanni, University of Genova & SDA Bocconi School of ManagementQuantifying the Effects of Online Bullishness on International Financial Markets [PDF 1,413KB]Huina Mao, Indiana UniversityScott Counts, School of Informatics and ComputingJohan Bollen, Indiana University Microsoft Research, Redmond, WashingtonSovereign bond yield spreads and market sentiment. Empirical evidence from Euro countriesDuccio Martelli, University of PerugiaDavid Aristei, University of PerugiaDo firm managers properly assess risk? Evidence from US firm proximity from hurricane strikes [PDF 1,112KB]Adrien Matray, PhD Candidate, HEC Business School (Paris)Olivier Dessaint, HEC ParisCross-Country Analysis of Herd Behavior in Europe: Evidence from continental, Nordic and the PIIGS countries [PDF 948KB]Asma Mobarek, Stockholm UniversitySabur Mollah, Stockholm UniversitySocial Distance and Monetary Incentives [PDF 62KB]Natalia Montinari, Institute of Economics, Germany and Lund UniversityMichela Rancan, European University InstituteIs there an Incentive for Active Retail Mutual Funds to Closet Index in Down Markets? Fund Performance and Subsequent Annual Fund?Flows between 1997 and 2011 [PDF 622KB]Matthew Morey, Pace University, New York, NYAron Gottesman, Pace University, New York NY Menahem Rosenberg, Touro College, Brooklyn, NYInvestor Sophistication and the Effect of Behavioral Biases in Structured Products InvestmentMoran Ofir, Radzyner School of LawZvi Wiener, The Hebrew University of JerusalemHow Homeowners Choose between Fixed and Adjustable Rate MortgagesMoran Ofir, Radzyner School of LawYevgeny Mugerman, The Hebrew University of Jerusalem Zvi Wiener, The Hebrew University of JerusalemFinancial Risk Perceptions: The Product of Conscious Qualia and Brain Duality [DOC 69KB]Robert A. Olsen, Decision ResearchAn analysis and risk modeling on the mortgage loan defaults [PDF 638KB]Belma Öztürkkal, Kadir Has University, Department of International Trade and Finance, Istanbul, TurkeyOmer L. Gebizlioglu, Kadir Has University, Department of International Trade and Finance, Istanbul, TurkeyAspirations for Income: Status, Competitiveness and Risk Attitudes [PDF 247KB]Rachel Pownall, Department of Finance, MaastrichtKees G. Koedijky, Department of Finance, Tilburg University Meir Statman, Santa Clara University, and Department of Finance, Tilburg UniversityDo Fluent Tickers Appeal to Investor Sentiment? [PDF 296KB]Mukunthan Santhanakrishnan, Cox School of Business, Southern Methodist University Preservation of market behaviour: the underlying psychological mechanism [DOC 13KB]Daphne SobolevNigel HarveyThe Chinese Stockmarket Bubble [DOC 329KB]Richard Taffler, Finance Group, Warwick Business School, University of WarwickAngel (Xijuan) Bellotti Lin TianInsider trading and the likelihood of corporate insolvency: Evidence from UK firms [PDF 164KB]Agnieszka Trzeciakiewicz, Business School, University of HullJannine Poletti-Hughes, Management School, University of Liverpool Aydin Ozkan, Business School, University of HullTime-Varying Momentum Payoffs and Illiquidity [PDF 908KB]Qingwei Wang, Bangor Business SchoolDylan Thomas, School of Business, Swansea UniversityTesting a New Hedging Theory of Confidence Interval Formation [PDF 92KB]Qingwei Wang, Bangor Business SchoolJohn Goddard, Bangor Business School
Do Actions Speak Louder Than Words? Optimistic Disclosure Tone, Insider Trading and Capital Structure [PDF 453KB]Bin Xu, Loughborough University, School of Business and EconomicsAndrew Vivian, Loughborough University, School of Business and EconomicsAcademic Performance and Risk Perception: an Experimental Study [PDF 115KB]Dan Zhu, Bangor Business School, Bangor UniversityLynn Hodgkinson, Bangor Business School, Bangor University Qingwei Wang, Bangor Business School, Bangor University