Prof. Hongjun Yan
DePaul University
Richard H. Driehaus Chair in Behavioral Finance and Director of the Driehaus Center for Behavioral Finance.
His research examines asset pricing when markets face frictions and investors have bounded rationality.
Gleacher Center · University of Chicago · 29–30 October 2026
Day 1: Thursday 29 October · Sessions 1A–4C
Day 2: Friday 30 October · Sessions 5A–8C
Save sessions using the buttons below or alongside the full programme. Parallel sessions overlap; choose your preferred session when a clash appears.
Favourites are stored in this browser on this device. They do not sync across devices.
All times are local to Chicago. Parallel sessions last 100 minutes.
THE 22ND EDITION · CHICAGO 2026
How do people form beliefs, interpret information and make financial decisions? The International Behavioural Finance Conference brings researchers and practitioners together to explore these questions through finance, economics, psychology, sociology and neuroscience.
Welcome to two days of research and conversation at the University of Chicago’s Gleacher Center. This year’s programme connects attention, memory and sentiment with the changing worlds of artificial intelligence, digital finance and sustainability.
Conference chairs
Prof. Arman Eshraghi · City University of Macau; Cardiff University
Prof. Gulnur Muradoglu · University of Illinois
Organised by the Behavioural Finance Working Group (BFWG), whose work connects academic research with financial practice. Explore BFWG →
DePaul University
Richard H. Driehaus Chair in Behavioral Finance and Director of the Driehaus Center for Behavioral Finance.
His research examines asset pricing when markets face frictions and investors have bounded rationality.
Penn State University
Smeal Chair Professor of Finance and Editor of the Review of Corporate Finance Studies.
His empirical research explores household and corporate decisions, including how investors use social media. He earned his PhD in Economics at the University of Chicago.
State Street Investment Management
Vice President of Applied Research & Wealth Intelligence.
An alumnus of the University of Oxford’s Saïd Business School, he brings experience spanning investment research and wealth management.
Research interests and biographies adapted from the print brochure; these are not announced keynote talk titles.
Selected milestones from the conference series show how behavioural finance has responded to new questions over almost two decades.
The interdisciplinary nature of behavioural finance, at Cass Business School.
Behavioural perspectives on the financial crisis.
Austerity, poverty and policy.
Sentiment and mood in finance.
Networks and social connections in finance.
Behavioural finance and AI in Hong Kong; AI and asset bubbles in London; this October’s gathering in Chicago.
The series has welcomed academic speakers including Eldar Shafir, Meir Statman, Harrison Hong, Max Bazerman and Lauren Cohen, alongside practitioners from financial services and regulation. Earlier conference papers have subsequently appeared in the Journal of Finance, Journal of Financial Economics and Review of Financial Studies.
BFWG supports interdisciplinary exchange through conferences and workshops, and seeks to connect behavioural insights with implementable models and financial practice.
The Gleacher Center is the downtown campus of the University of Chicago Booth School of Business, just off the Magnificent Mile beside the Chicago River. Architect Dirk Lohan’s stone-and-glass building provides the setting for this year’s conversations.
Venue guide reproduced from the print brochure. Select the image to save a larger copy. About the Gleacher Center →
Each paper has a 25-minute window, allowing time for presentation, a discussant’s response and questions from the audience.
Each presenter also discusses another paper in the same session:
Presenter 2 discusses Paper 1
Presenter 3 discusses Paper 2
Presenter 4 discusses Paper 3
Presenter 1 discusses Paper 4
The last presenter chairs the session.
Email your latest paper to your discussant in advance. Bring your slides on a USB drive and load them before the session begins. PDF slides are recommended to avoid compatibility problems.
Photography will take place during sessions. Please inform the organisers if you do not consent to being photographed.
The conference thanks Elsevier and the ICAEW Foundation for supporting doctoral participation and best paper awards.
16–17 January 2027
Chinese University of Hong Kong, Shenzhen
2–4 June 2027
Kensington, London
23–24 September 2027
University of Chicago
15–16 January 2028
City University of Macau
Dates announced in the print brochure. See behaviouralfinance.org for further details.
Explore the ideas connecting people, institutions and markets across two days of behavioural finance research.
Choose a research area to explore its sessions. These editorial groupings provide a route through the programme; individual papers can span several themes.
Select a term to find the papers behind it. Numbers count titles, once per paper.
Selected recurring terms; singular and plural forms are combined. Risk includes risk-related word forms. This is a title-based view, not a ranking of importance.Attention, memory and personal experience influence which information reaches us.
Narratives, expectations and uncertainty shape how information is interpreted.
Investment, borrowing and corporate choices connect individual decisions to market outcomes.
Every session has a place in this editorial map. Select a segment to explore the papers behind it. Each outer segment represents one four-paper session.
Three sessions run in parallel in each row. Follow a research interest across the day, or choose a different perspective at each step.
Explore the countries of institutions listed in the programme. Numbers count papers with at least one mapped affiliation in each country; papers with international co-authors can appear in more than one place.
Darker shading indicates more papers. Choose a country below to see the papers and listed affiliations.
This map describes listed institutional affiliations—not nationality, attendance or personal residence. Hong Kong affiliations are included under China. Singapore is available in the country selector because it is too small to appear in these map boundaries. Existing affiliation queries remain open.
Map boundaries: Natural Earth, 1:110m. Colour scale represents paper counts.
A selection of approaches used across the conference, with examples checked against the supplied manuscripts. These examples illustrate variety rather than an exhaustive method count.
Three editorial routes connect papers that approach related questions from different directions.
08:00–09:40 · 100 minutes · Room 600
Lidia Brailovskaia — ETH Zurich (presenter)
Chenhui Ling — University of Utah (presenter)
Jiaxuan Peng — University of Utah
Paul Jen-Hwa Hu — University of Utah
L. Alberici — University of London
Andrew Papanicolaou — North Carolina State University
L. Schönleber — Collegio Carlo Alberto and University of Turin
Andrés Martinez — Universidad Externado
Juliana Malagón — Universidad de los Andes
Enrique ter Horst — Universidad de los Andes
08:00–09:40 · 100 minutes · Room 602
Xi (Tina) Tian — University of British Columbia
Liyun Chen — University of New South Wales
Diego García — University of Colorado Boulder (presenter)
Alexandre Jeanneret — University of New South Wales
Benjamin Loos — University of New South Wales
Jin Qian — Lehigh University
Daniel Conus — Lehigh University
Pouya Behmaram — University of Quebec at Montreal
08:00–09:40 · 100 minutes · Room 604
Doris Zhou — University of Oklahoma
Jakob A. Burian — Johannes Kepler University Linz
Thomas M. Brunner-Kirchmair — Johannes Kepler University Linz
Helmut Pernsteiner — Johannes Kepler University Linz
Yilun Lu — Louisiana Tech University
Sanjiv Sabherwal — University of Texas at Arlington
Mohammad Riaz Uddin — University of Colorado at Denver (presenter)
Joseph T. Halford — University of Nevada, Reno
Ishan Panda — Davidson Academy
Nasrin Zolfagharkhani — University of Nevada, Reno (presenter)
11:00–12:40 · 100 minutes · Room 600
Theofanis Papamichalis — Yale University
Dean Ryu — ITAM Business School
Mungo Wilson — University of Oxford
Yupeng Lin — National University of Singapore
Shuqi Sun — Zhejiang University
Zilong Zhang — Zhejiang University (presenter)
Jiawei Chen — Ithaca College
Serkan Karadas — University of Illinois Springfield
Minh Tam Tammy Schlosky — University of Illinois Springfield
11:00–12:40 · 100 minutes · Room 602
Jiacheng Li — University of Pennsylvania
Sean Myers — University of Pennsylvania (presenter)
Simon Rudkin — University of Manchester (presenter)
Wanling Rudkin — University of Exeter
Qian Yang — McMaster University (presenter)
Mikhail V. Oet — Northeastern University
Liang Chen — Northeastern University (presenter)
Paul W. Chiou — Northeastern University
Chenxu Zhang — Northeastern University
11:00–12:40 · 100 minutes · Room 604
Nazanin Babolmorad — University of Cambridge (presenter)
Guy Lakan — Northwestern University (presenter)
Hongrui Feng — Pepperdine University
Yuhui Wu — Xiamen University
Wanli Zhao — Bocconi University
Ann Marie Hibbert — West Virginia University
Shanxiang Yang — Hobart and William Smith Colleges
14:30–16:10 · 100 minutes · Room 600
Thalassa De Waal — University of Groningen
Declan French — Queen's University Belfast
Tripti Sharma — Queen's University Belfast
Sadok El Ghoul — University of Texas at El Paso
Omrane Guedhami — University of South Carolina
Yuan Qian — West Virginia University (presenter)
He (Helen) Wang — West Virginia University
Ratan Ghosh — Australian Catholic University
Sudipta Bose — University of Newcastle, Australia
Md Akhtaruzzaman — Australian Catholic University (presenter)
14:30–16:10 · 100 minutes · Room 602
Sean Cao — University of Maryland
Huaizhi Chen — University of Texas at Dallas
Lauren Cohen — Harvard Business School
Tianchen (Hugo) Zhao — University of Maryland (presenter)
Arjun Goel — University of Georgia
Daniel A. Rettl — University of Georgia (presenter)
Anthony Waikel — University of Georgia
Olga Balakina — University of Bonn
Jonathan Seim — University of Cologne
Goutham Abotula — West Texas A&M University
Julia Reynolds — Cornerstone Research
Cuyler Strong — Wayne State University
14:30–16:10 · 100 minutes · Room 604
Yinhong Zhao — Princeton University (presenter)
Anna Zsófia Csiky — Vienna University of Economics and Business
Eva Laznik — Vienna University of Economics and Business (presenter)
Stefan Pichler — Vienna University of Economics and Business; VGSF
Alan Huang — University of Waterloo
Russ Wermers — University of Maryland
Jingyu Zhang — Queen’s University
Ziwei Zhao — University of Lausanne and Swiss Finance Institute
Jonathan Keen — Abilene Christian University (presenter)
16:30–18:10 · 100 minutes · Room 600
You Zhou — University of Leeds
Thao Ngoc Nguyen — Nottingham Trent University
Andreas Kontoleon — University of Cambridge
Duc Khuong Nguyen — University of Cambridge; EMLV Business School
Anna Danielova — McMaster University
Michael Milewski — McMaster University (presenter)
Zhiting Wu — Xiamen University
Zhige Yu — Xiamen University
Haomiao Wang — Dongbei University of Finance and Economics (presenter)
Bohui Zhang — The Chinese University of Hong Kong, Shenzhen
16:30–18:10 · 100 minutes · Room 602
Matilde Faralli — Copenhagen Business School
Jiawei Yu — University of Florida (presenter)
Cuyler Strong — Wayne State University
Yilun Lu — Louisiana Tech University (presenter)
16:30–18:10 · 100 minutes · Room 604
Robert Dammon — Carnegie Mellon University
Chester Spatt — Carnegie Mellon University
Michelle Chang — Nanyang Technological University (presenter)
Yeow Hwee Chua — Division of Economics, Nanyang Technological University
Zhichuan (Frank) Li — Western University (presenter)
Jun Wang — University of Manitoba
Yuqi Zhang — Western University
Ahmed Ahmed — Babson College (presenter)
Oyakhi Ibhagui — Johns Hopkins University
08:00–09:40 · 100 minutes · Room 600
Woohee Choi — School of Business, Providence College
Liu Wang — School of Business, Providence College (presenter)
Keith Jacks Gamble — Middle Tennessee State University (presenter)
Patricia J. Hummel — Lincoln Memorial University
Arman Khaledian — Zanista AI
Alireza Kargarzadeh — Tailstate Intelligence
Nariman Khaledian — Independent Researcher
Navid Parvini — Zanista AI
Sid Ghatak — Increase Alpha
Vignesh Coumarane — InvestEd (presenter)
08:00–09:40 · 100 minutes · Room 602
Tanvi Bansal — New York University
Ran Duchin — Boston College
Abed El Karim Farroukh — Indiana University
Denis Sosyura — Arizona State University
Brandon Julio — University of Oregon
Yuchi Yao — University of Oregon
Imed Chkir — University of Ottawa
Adelphe Ekponon — University of Ottawa (presenter)
Redouane Elkamhi — University of Toronto
Omar Zidan — University of Ottawa
08:00–09:40 · 100 minutes · Room 604
Payel Das — Department of Humanities and Social Sciences, IIT Madras (presenter)
Anup Kumar Bhandari — Department of Humanities and Social Sciences, IIT Madras
Samuel Jaeger — University of Bern
Richard Sias — University of Arizona
Laura T. Starks — University of Texas at Austin
H. J. Turtle — Colorado State University
Garrett C. C. Smith — High Point University; Anydrus Capital (presenter)
Pascal Létourneau — University of Wisconsin-Whitewater
11:00–12:40 · 100 minutes · Room 600
Xiangyuan Mo — Duke University (presenter)
John L. Haracz — Indiana University Bloomington (presenter)
Sophia Zhengzi Li — Rutgers University
Zeyao Luan — Rutgers School of Business (presenter)
Seongkyu (Gilbert) Park — Willamette University
11:00–12:40 · 100 minutes · Room 602
Tatiana A. Vdovina-Grossman — Tulane University (presenter)
David Berger — Duke University
Jaehun Jeong — Duke University
Julie Marx — Copenhagen Business School
Maria Victoria Olesen — Copenhagen Business School
Fabrice Tourre — City University of New York (presenter)
Jean Paul Rabanal — University of Stavanger
Philip Toney — Høgskulen på Vestlandet
Shuqi Wang — University of Stavanger
Bernt Arne Ødegaard — University of Stavanger
Yanfei Dong — Peking University
Jiayin Hu — Peking University
Yiping Huang — Peking University
Han Qiu — Bank for International Settlements
Yingguang Zhang — Peking University
11:00–12:40 · 100 minutes · Room 604
Adem Atmaz — Purdue University
Zibo Zhou — Purdue University
Haaris Mateen — University of Houston (presenter)
Franklin Qian — University of North Carolina
Ye Zhang — Stockholm School of Economics
Tianxiang Zheng — University College London
Xiao Pan — Ulsan National Institute of Science and Technology
Sang-Ook (Simon) Shin — Ulsan National Institute of Science and Technology
Coleman Walker — Middle Tennessee State University (presenter)
13:30–15:10 · 100 minutes · Room 600
David A. Lesmond — Tulane University (presenter)
Henry Dao — Binghamton University (presenter)
Christian Savastano — Tulane University
Min S. Kim — California Polytechnic State University (presenter)
Muhammad A. Cheema — University of Otago
Sirajum Munira Sarwar — Graceland University (presenter)
13:30–15:10 · 100 minutes · Room 602
Dragana Cvijanović — University of Virginia
Moritz Wiedemann — Erasmus University
Atlas Wu — Cornell University
Moritz Nardini — Ludwig-Maximilians-Universität München; Technical University of Munich (presenter)
Emanuel Renkl — Technical University of Munich
Vikas Kakkar — City University of Hong Kong (presenter)
King King Li — The Hang Seng University of Hong Kong
David McLoughlin — ECD Technologies Limited
Marco Bonomo — Insper
Filipe Correia — University of Georgia (presenter)
Lucas Iten Teixeira — Banco Central do Brasil
Felipe Tomkowski — Insper
13:30–15:10 · 100 minutes · Room 604
Yingmei Cheng — Louisiana State University
Rodney Ndum — University of Central Florida
Karina Zhang — Columbia University
Sahar Shabani — University of Ottawa (presenter)
Zhenzhen Fan — University of Guelph
Fred Liu — University of Guelph
Ankit Kapur — University of Michigan-Flint
15:30–17:10 · 100 minutes · Room 600
Arthur Beddock — City University of Hong Kong
Elysée Jouini — Université Paris Dauphine–PSL
Doron Avramov — Reichman University
Gergana Jostova — George Washington University
Alexander Philipov — George Mason University
Roland Clere — Université de Lille
Ender Demir — Reykjavik University
Elroi Hadad — Department of Industrial Engineering and Management, Shamoon College of Engineering (SCE) (presenter)
15:30–17:10 · 100 minutes · Room 602
Phorn-Arpha Phutphithak — Swiss Finance Institute and University of Geneva
Jing Xian — Swiss Finance Institute and University of Geneva
Caleb Eynon — University of Alabama (presenter)
Paan Jindapon — University of Alabama
Julia Brettschneider — University of Warwick
Giovanni Burro — Binghamton University
Vicky Henderson — University of Warwick
Nozomi Ando — Showa Women's University
15:30–17:10 · 100 minutes · Room 604
Ezra Daniel — Ohio State University
Vivek Sharma — Alliance School of Economics (presenter)
Do Lee — International Monetary Fund
Yehonatan Berzani — Bank of Israel (presenter)
Roy Stein — Bank of Israel
György Walter — Eötvös Loránd University, Budapest, Hungary