2023 Program

Risk Momentum: A New Class of Price Patterns

Guofu Zhou (Washington University in St. Louis)

The Statistical Limit of Arbitrage

Dacheng Xiu (University of Chicago)

Automatic Debiased Machine Learning via Neural Nets

Whitney Newey (Massachusetts Institute of Technology)

The Virtue of Complexity

Bryan Kelly (Yale University)

Wisdom of the Institutional Crowd: Implications for Anomaly Returns

AJ Chen (University of Southern California), Gerard Hoberg (University of Southern California), Miao Ben Zhang (University of Southern California)

Discussant: Dashan Huang (Singapore Management University)

Cyber Income Inequality

Li Liao (Tsinghua University), Chen Lin (University of Hong Kong), Lu Liu (Tsinghua University), Xincheng Wang (University of Hong Kong), Yang You (University of Hong Kong)

Discussant: Will Liu (City University of Hong Kong)

The Social Signal

J. Anthony Cookson (University of Colorado at Boulder), Runjing Lu (University of Alberta), William Mullins (University of California San Diego), Marina Niessner (University of Pennsylvania)
Discussant: Zhengyang Xu (City University of Hong Kong)

The Limits of Big Data: Data Manipulation in Credit Lending Markets

Uday Rajan (University of Michigan), Yan Xiong (Hong Kong University of Science and Technology)
Discussant: Moris Strub (Southern University of Science and Technology)

Visual Information in the Age of AI: Evidence from Corporate Executive
Presentations

Sean Cao (University of Maryland College Park), Yichen Cheng (Georgia State University), Meng Wang (Georgia State University), Yusen Xia (Georgia State University), Baozhong Yang (Georgia State University)
Discussant: Gang Li (Chinese University of Hong Kong)

Just Look: Knowing Peers with Image Representation

Tomasz Kaczmarek (Poznan University of Economics and Business), Kuntara Pukthuanthong (University of Missouri)
Discussant: Junye Li (Fudan University)

Confident Risk Premiums and Investments using Machine Learning
Uncertainties

Rohit Allena (University of Houston)
Discussant: Xiao Qiao (City University of Hong Kong)

Why Are There So Many Cryptocurrency Exchanges?

Junyi Hu (Fudan University), Jinfei Sheng (University of California, Irvine), Anthony Lee Zhang (University of Chicago)
Discussant: Simon Trimborn (University of Amsterdam)

Missing Financial Data

Svetlana Bryzgalova (London Business School), Sven Lerner (Stanford University), Martin Lettau (University of California at Berkeley), Markus Pelger (Stanford University)
Discussant: Lingxiao Zhao (Peking University HSBC Business School)