Conference Agenda

Overview and details of the sessions of this conference. Please select a date or room to show only sessions at that day or location. Please select "Show Presentations" and "List View" or a single session for detailed view (with abstracts, discussants, downloads). PDF downloads are accessible to registered participants only (after Login).

 
 
Session Overview
Location: Building 3, Room F 009
Date: Friday, 19/Sept/2025
9:30am
-
11:00am
A5: Behavioral Finance 1
Location: Building 3, Room F 009
Chair: Wolfgang Breuer
 
9:30am - 10:00am

Ambiguity, prudence, and optimal portfolio choice: beyond robust mean-variance analysis

Fabio Girardi

Vienna University of Economics and Business, Austria

Discussant: Wolfgang Breuer (RWTH Aachen University)



10:00am - 10:30am

A new Measure of Overconfidence: Deducing the Board Perspective on CEO Optimism and Miscalibration

Ingolf Dittmann2, Sebastian Pfeil1

1: University of Groningen, Netherlands, The; 2: Erasmus University Rotterdam

Discussant: Fabio Girardi (Vienna University of Economics and Business)



10:30am - 11:00am

The choice for and the effect of CEO interviews after earnings announcements

Wolfgang Breuer, Anthony Haake

RWTH Aachen University, Germany

Discussant: Sebastian Pfeil (University of Groningen)

11:30am
-
1:00pm
B5: Financial Econometrics
Location: Building 3, Room F 009
Chair: Moritz Dauber
 
11:30am - 12:00pm

Nonlinearities and Pricing Complexity in the Cross-Section of Stock Returns

Fabio Girardi1, Lukas Körber2, Christian Schlag3

1: Vienna University of Economics and Business; 2: Goethe-University Frankfurt; 3: Goethe-University Frankfurt and Leibniz Institute SAFE

Discussant: Dennis Umlandt (University of Innsbruck)



12:00pm - 12:30pm

Roy sorting: climate and status quo strategies

Thomas Kolbe Cauthorn1, Samuel Drempetic2, Andreas G.F. Hoepner3, Christian Klein1, Adair Morse4

1: University of Kassel; 2: Steyler Ethik Bank; 3: University College Dublin and the European Commission’s Platform for Sustainable Finance; 4: University of California-Berkeley and NBER

Discussant: Lukas Körber (Goethe Universität Frankfurt)



12:30pm - 1:00pm

Common factors in currency characteristics

Moritz Dauber, Dennis Umlandt

University of Innsbruck, Austria

Discussant: Thomas Kolbe Cauthorn (University of Mannheim)

2:00pm
-
3:30pm
C5: Financial Forecasting
Location: Building 3, Room F 009
Chair: Tobias Lorenz Neumaier
 
2:00pm - 2:30pm

The term structure of European carbon futures and the predictive power of speculators and hedgers

Lina Franziska Lautner1, Tom L. Dudda2, Tony Klein1

1: Technische Universität Chemnitz, Germany; 2: Technische Universität Dresden, Germany

Discussant: Tobias Lorenz Neumaier (University of Bremen)



2:30pm - 3:00pm

Are there fences in the global factor zoo?

Merlin Bartel1, Sebastian Stöckl1, Joshua Traut2

1: Universität Liechtenstein, Liechtenstein; 2: Universität St. Gallen, Schweiz

Discussant: Lina Franziska Lautner (Technische Universität Chemnitz)



3:00pm - 3:30pm

The Devil in the Details: A Multiverse View of Pockets of Predictability

Nusret Cakici1, Christian Fieberg2, Tobias Lorenz Neumaier3, Thorsten Poddig3, Adam Zaremba4

1: Gabelli School of Business, Fordham University; 2: HSB Hochschule Bremen - City University of Applied Science; 3: University of Bremen; 4: MBS School of Business, Poznan University of Economics and Business, and Monash University

Discussant: Merlin Bartel (University of Liechtenstein)

Date: Saturday, 20/Sept/2025
9:00am
-
10:30am
D5: Behavioral Finance 2
Location: Building 3, Room F 009
Chair: Lukas Grahl
 
9:00am - 9:30am

Inside the mind of retail short sellers

Nina Klocke, Matthias Pelster

Duisburg-Essen University, Germany

Discussant: Lukas Grahl (Aarhus University)



9:30am - 10:00am

Investment decision biases in HNWIs

Maria Maas1, Theo Petersen1, Philipp Schreiber2, Marcel Tyrell1

1: Universtiät Witten/Herdecke, Germany; 2: Esslingen University, Germany

Discussant: Nina Klocke (Duisburg-Essen University)



10:00am - 10:30am

Ambiguity and earnings announcements

Lukas Grahl, Steffen Meyer, Charline Uhr

Aarhus University, Denmark

Discussant: Maria Maas (Universtiät Witten/Herdecke)

11:00am
-
12:30pm
E5: Risk Management
Location: Building 3, Room F 009
Chair: Elissa Ana Maria Iorgulescu
 
11:00am - 11:30am

From Silicon Valleys to Risky Peaks: the Impact of Tech Mergers on the Risk Commonality in US Capital Markets

Valeriya Dinger, Peter Grundke, Kai Rohde, Gerrit Wittke

Osnabrueck University, Germany

Discussant: Elissa Ana Maria Iorgulescu (University of Münster)



11:30am - 12:00pm

Does options trading matter for risk management? Insights from the 1936 options ban on US futures markets

Elissa Ana Maria Iorgulescu, Fiona F. Hoellmann

University of Münster, Germany

Discussant: Gerrit Wittke (Osnabrueck University)