Dear FTG members and affiliates,

Following the success of previous summer schools, the Finance Theory Group (FTG), in conjunction with the University of Washington - Foster School of Business, organized the FTG’s biennial Summer School program at the Foster School of Business on the campus of the University of Washington in Seattle on June 21-24, 2023.

Thank you for supporting this event!

Philip Bond, Doron Levit, Ye Li, Mark M. Westerfield

Schedule

​​​​​​​June 21

4:30 - 5:30 PM: Itay Goldstein (Wharton) – The Role of Theory in Financial Research (Link to video)

5:30 - 7:00 PM: Welcome reception

June 22

Note: Both morning plenary sessions and afternoon parallel sessions will include a break of approximately 30 minutes.

9:00 AM - 12:00 PM: Bruno Biais (HEC Paris) – Mechanism Design Applications to Financial Markets (Link to video)

12:00 - 1:30 PM: Lunch Break

1:30 - 4:30 PM: Parallel Sessions

• Mark Westerfield (University of Washington) – Introduction to Dynamic Contract Theory (Link to video)
• Jeff Zwiebel (Stanford) – Intra-Firm Bargaining (Link to video)
• Maryam Farboodi (MIT) – Big Data (Link to video)

4:30 - 6:30 PM: Dinner Break

6:30 - 8:30 PM: Presentations of contributed papers by participants

June 23

Note: Both morning plenary sessions and afternoon parallel sessions will include a break of approximately 30 minutes.

9:00 AM - 12:00 PM: Peter DeMarzo (Stanford) – Dynamic Capital Structure (Link to video)

12:00 - 1:30 PM: Lunch Break

1:30 - 4:30 PM: Parallel Sessions

• Giorgia Piacentino and Jason Donaldson (University of Southern California) – Debt and Bankruptcy (Link to video)
• Andrey Malenko (University of Michigan) – Auctions with Finance Applications (Link to video)
• Marcus Opp (Stockholm School of Economics) – ESG (Link to video)

4:30 - 6:30 PM: Dinner Break

6:30 - 8:30 PM: Presentations of contributed papers by participants

June 24

Note: Both morning plenary sessions and afternoon parallel sessions will include a break of approximately 30 minutes.

9:00 AM - 12:00 PM: Pierre-Olivier Weill (UCLA) – OTC Markets (Link to video)

12:00 - 1:30 PM: Lunch Break

1:30 - 4:30 PM: Parallel Sessions

• Nadya Malenko (University of Michigan) – Shareholder Voting (Link to video)
• William Fuchs (UT Austin and UC3M) – Dynamics of Asymmetric Information (Link to video)
• Christine Parlour (UC Berkeley) – Fintech and Blockchain

6:30 - 10:00 PM: Farewell Dinner Cruise