Spring 2011

Last Updated: May 16, 2011

The seminars are scheduled every Thursday from 11:10 am-12:30 pm in room C220 Cheit Hall, except for May 12 and May 19. These seminars are free and are open to the public.

Faculty Coordinator, Spring Seminars: Professor Martin Lettau

March 17 Thursday

Simon Gervais (Duke University and visiting at Berkeley Haas)
Libertarian Paternalism, Information Sharing, and Financial Decision-Making (with Bruce Carlin, University of California, Los Angeles; and Gustavo Manso, Massachusetts Institute of Technology) (pdf file)

March 24 Thursday

No Seminar — Spring Break

March 31 Thursday

Thomas Mertens (New York University)
The Social Cost of Near-Rational Investment (with Tarek Hassan, University of Chicago) (pdf file)

April 7 Thursday

Paul Tetlock (Columbia University)
How Important Is Mispricing? (with Aydogan Alti, University of Texas-Austin) (pdf file)

April 14 Thursday

Dimitri Vayanos (London School of Economics)
An Institutional Theory of Momentum and Reversal (with Paul Woolley, London School of Economics) (pdf file)

April 21 Thursday

Ralph Koijen (University of Chicago)
Equity Yields (with Jules van Binsbergen, Northwestern University and Stanford University; Wouter Hueskes, APG Asset Management; Evert Vrugt, Free University Amsterdam) (pdf file)

April 28 Thursday – No Seminar


May 5 Thursday – No Seminar


May 12 Thursday

Joint Berkeley-Stanford Seminar (2:00-5:45 pm)
Stanford Graduate School of Business, Knight Management Center, Gunn Building, Room G101 – Map


2:00-3:00 pm Jonathan Berk, Stanford, Measuring Economic Rents in the Mutual Fund Industry (with Jules van Binsbergen, Northwestern University and Stanford University) (pdf file)


3:00-3:40 pm Floor Discussion


3:40-4:05 pm Break


4:05-5:05 pm Johan Walden, Berkeley, Investor Networks in the Stock Market (with Han Ozsoylev, University of Oxford; Deniz Yavuz, Purdue University; and Recep Bildik, Instanbul Stock Exchange) (pdf file)


5:05-5:25 pm Discussant: John Beshears, Stanford


5:25-5:45 pm Floor Discussion

May 19 Thursday – Room C125 Cheit, 11:10 am-12:30 pm

Emmanuel Farhi (Harvard University)
Collective Moral Hazard, Maturity Mismatch, and Systemic Bailouts (with Jean Tirole, Toulouse School of Economics) (pdf file)

For more information about the Finance Seminars, please contact June Wong, faculty assistant, at (510)642-1499 or e-mail her: [email protected]