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, is organizing 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 25-28, 2025.

Thank you for supporting this event!

Philip Bond, Doron Levit, Ye Li, Mark Westerfield

Tentative schedule

June 25

Afternoon: Haoxiang Zhu (MIT & SEC)

Evening: Welcome reception

June 26

Morning: Itay Goldstein (Wharton) – Information and fragility in finance

Afternoon: Parallel Sessions

• Eduardo Davila (Yale) – Sufficient statistics and normative finance
• Ron Kaniel (University of Rochester) – Emergence and implications of peer effects
• Paolo Fulghieri (University of North Carolina) - Uncertainty and contracting

Evening: Presentations of contributed papers by participants

June 27

Morning: Marzena Rostek (University of Wisconsin-Madison) – Decentralized-market design

Afternoon: Parallel Sessions

• Andrey Malenko (Boston College) – Applications of dynamic games
• Josef Zechner (Vienna University of Economics and Business) – Social preferences
• Victoria Vanasco (Centre de Recerca en Economia International) – Security design

Evening: Presentations of contributed papers by participants

June 28

Morning: Zhiguo He (Stanford) – Intermediary asset pricing

Afternoon: Parallel Sessions

• Brett Green (Washington University in St. Louis) – Dynamic adverse selection
• Matthieu Bouvard (Toulouse School of Economics) – Blockchains and their finance applications
• Giorgia Piacentino (University of South California) – Money and banking

Evening: Farewell Reception/Dinner