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. The target audience includes PhD students and faculty members interested in the theory of corporate finance, financial institutions, and financial markets. Both theorists and empiricists interested in deepening their knowledge of these topics are welcome to apply.

You can apply to participate in the FTG Summer School 2025 at https://uwfoster.tfaforms.net/95. More details about the application process are available here.

Questions may be directed to any of the conference organizers or uwftg2025@uw.edu.

Thank you for supporting this event!

Philip Bond, Doron Levit, Ye Li, Mark Westerfield

Tentative schedule

June 25

Afternoon: Haoxiang Zhu (MIT & SEC) – The Law and Economics of Financial Market Design

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 Southern California) – Money and Banking

Evening: Farewell dinner cruise

The registration fee for the program is $550 for both student and faculty participants and includes meals. Participants are responsible for their transportation and accommodation costs. In the past, these costs were covered by the participant's department, research funds or advisor's funds. For students only - if for some reason you do not have sufficient access to any of these funding sources, please let us know when applying. There is a limited pool of funding to help students in these cases.