Summer Conference 2018

Jun 25 - Jun 26, 2018

London Business School


The Finance Theory Group (FTG) will hold a summer meeting at the London Business School on June 25-26, 2018.

Program Committee: James Dow (London Business School and FTG), Marcus Opp (Stockholm School of Economics and FTG).

 

PROGRAM:

Monday, June 25, 2018

 

09:30 – 9:50       Breakfast

9:50 - 10:00         Introduction

10:00 – 12:45      Blockchain Session

                               1) “Tokenomics: Dynamic adoption and valuation” by Lin Cong*, Ye Li, and Neng Wang

                               2) “An Equilibrium Valuation of Bitcoin and Decentralized Network Assets” by Emiliano

Pagnotta* and Andrea Buraschi

30 min Break

3) “Blockchain without Waste” by Fahad Saleh

12:45 – 13:45     Lunch

13:45 – 14:45      4) “The Effect of Exogenous Information on Voluntary Disclosure and Market Quality” by

Sivan Frenkel*, Ilan Guttman, and Ilan Kremer

14:45 – 17:30      LONG BREAK

17:30 – 19:00      Short Paper Session I

                               a) “Seasoned Equity Offerings and Dilution” by Mike Burkart and Hongda Zhong

                               b) “Clustered IPOs as a Commitment Device” by Matthias Lassak

                               c) “Voluntary disclosure under dynamic moral hazard” by Shiming Fu and Giulio Trigilia*

General discussion of short papers

 

19:30                     Dinner in small groups

 

Tuesday, June 26, 2018

 

09:00 – 10:30      Contracting Session

                               5) “Delegated Monitoring and Contracting” by Sebastian Gryglewicz* and Simon Mayer

                               6) “Compensation in high finance: A theory of periodic labor markets and guaranteed

bonuses” by Ed van Wesep and Brian Waters

10:30 – 11:00      Break

11:00 – 12:30      Short Paper Session II

d) “Managerial Compensation with Performance Manipulation” by Paul Povel and

Günter Strobl*

e) “Financially constrained strategic arbitrage” by Gyuri Venter

f) Financial Fragility with Collateral Re-Use” by Piero Gottardi, Vincent Maurin*, and Cyril Monnet

General discussion of short papers

 

12:30– 13:30       Lunch

13:30 – 16:15      LONG BREAK

16:15 - 17:00       7) “Variation margins, fire sales, and information-constrained optimality” by Bruno Biais, Florian Heider and Marie Hoerova

17:00 – 17:45      8) “Credit Market Competition and Liquidity Provision” by Anton van Boxtel*, Fabio

Castiglionesi, and Fabio Feriozzi

17:45 – 18.30      9) “Markets for Financial Innovation” by Ana Babus and Kinda Hachem*

 

19:30                    Conference Dinner

END

Please contact the organizers if you have any questions.

Approved Papers




FTG