2025 Program Archive

Session I

Session Chair: Jeffrey Zweibel

Voting on Public Goods: Citizens vs. Shareholders

Robin Dottling (Erasmus University Rotterdam), Doron Levit (University of Washington), Nadya Malenko (Boston College), Magdalena Rola-Janicka (Imperial College London)

Discussant: Jason Donaldson (USC)

Succession

Thomas Geelen (Penn State University), Jakub Hajda (HEC Montreal)

Discussant: John Barry (Rice University)

Real Effects of Personal Liability: Evidence from Industrial Pollution

Noemie Bucourt (University of Toronto)

Discussant: Sangeun Ha (Copenhagen Business School)

Session II

Session Chair: Robert Parrino (U. Texas)

Kamikazes in Public Procurements: Bid-Rigging and Real Non-Market Outcomes

Dimas Fazio (National University of Singapore), Alminas Zaldokas (National University of Singapore)

Discussant: Leon Musolff (Wharton)

Who Clears the Market When Passive Investors Trade?

Marco Sammon (Harvard), John Shim (University of Notre Dame)

Discussant: Lukas Schmid (USC)

Poverty Spreads in Deposit Markets

Emilio Bisetti (HKUST), Arkodipta Sarkar (National University of Singapore)

Discussant: Jess Cornaggia (Penn State University)

Session III

Session Chair: Yuri Tserlukevich (ASU)

Housing Is the Financial Cycle: Evidence from 100 Years of Local Building Permits

Gustavo S. Cortes (University of Florida), Cameron LaPoint (Yale SOM)

Discussant: Jiro Yoshida (Penn State University)

Assessing Assessors

Huaizhi Chen (University of Notre Dame), Lauren Cohen (Harvard Business School)

Discussant: Anna Scherbina (Brandeis University)

Session IV

Session Chair: Wayne Ferson (USC)

ChatGPT and Perception Biases in Investments: An Experimental Study

Anastassia Fedyk (UC Berkeley), Ali Kakhbod (UC Berkeley), Peiyao Lei (UC Berkeley), Ulrike Malmendier (UC Berkeley)

Discussant: Leland Bybee (University of Chicago)

Beyond the Status Quo: A Critical Assessment of Lifecycle Investment Advice

Aizhan Anarkulova (Emory University), Scott Cederburg (University of Arizona), Michael S. O’Doherty (University of Missouri)

Discussant: Neil Pearson (University of Illinois)

Session V

Session Chair: Scott Cederburg (University of Arizona)

Two Trees and a Gardener: Asset Pricing with Real Capital Flows

Sebastien Betermeier (McGill University), Laurent Calvet (SKEMA Business School), Evan Jo (Queen’s University), Johan Walden (UC Berkeley)

Discussant: Georgy Chabakauri (London School of Economics)

Out-of-Sample Alphas Post Publication

Andrei Goncalves (The Ohio State University), Johnathan Loudis (University of Notre Dame), Richard Ogden (Rowan University)

Discussant: Julien Penasse (University of Luxembourg)

ASU Sonoran Winter Finance Conference 2026

February 26-28, 2026

Omni Scottdale Resort & Spa at Montelucia

To submit a paper, please complete this online form by Wednesday, Nov. 19, 2025. Authors will be notified by late December 2025.

Contact Us
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Organizers

George Aragon
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Ilona Babenko
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Oliver Boguth
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Paul Decaire
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Valeria Fedyk
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Laura Lindsey
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Ana-Maria Tenekedjieva
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Yuri Tserlukevich
[email protected]