The Power of Hybridity
This presentation introduces key insights from The Power of Hybridity (Oxford University Press, forthcoming), which invites readers to look at how different approaches can be combined to generate new insights in social impact organizing. This book advances three goals: (1) to highlight hybridity as a defining reality for social actors in contemporary social impact organizing; (2) to unpack the potential,...
J. Sophia Fu, Rutgers University
Wednesday, June 26, 2026 | 2:00pm-3:30pm | Room 333
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Generative AI, Episodic Factors, and Causal Inference in Asset Pricing
We develop a novel framework that applies generative artificial intelligence to numerical data. Empirically, our approach substantially outperforms existing benchmarks in both predictive performance and economic interpretability. We further propose a real-time methodology to identify ex ante whether a factor or factor model is “pricing on” or “pricing off.” Our results show that factor premia are ...
Guofu Zhou, Washington University in St. Louis
Wednesday, June 24, 2026 | 10:00am-11:30am | Room 339
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Consumers in the Age of AI-Enabled Advertising: Cultural Lag, Coping, and Ethical Responses
As AI continues to transform the advertising landscape, consumers are confronted with new forms of persuasion, personalization, and ethical challenges. This talk examines how consumers understand and respond to AI-enabled advertising. The first study shows that the rapid diffusion of AI has outpaced cultural adaptation, creating a cultural lag in consumer beliefs, literacy, public education, and policy,...
Chen Lou, Nanyang Technological University (NTU)
Wednesday, June 17, 2026 | 10:30am-12:00pm | Room 333
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Learning Misspecifications and Their Impact on Predictions and Decisions
We study a linear statistical model where outcomes depend on regressors with fixed population coefficients and observation-specific latent coefficients, along with measurement errors. A decision-maker estimates population coefficients and uses the estimates to predict the latent coefficients for a given observation. We analyze how misspecification of some population coefficients distorts predictions,...
Junnan He, Sciences Po (Paris Institute of Political Studies)
Wednesday, June 10, 2026 | 2:00pm-3:30pm | Room 337
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Sleep Disruption and Retail Investor Trading
We test whether mental alertness, as proxied by sleep disruption, impairs investor trading performance. Using four complementary approaches, we document that retail investors who experience a later sunset time on average earn lower abnormal returns on their trades. These approaches include panel regression with household fixed effects, RDD based on time zone borders, comparison of different seasons ...
Jinfei Sheng, University of California, Irvine
Wednesday, June 10, 2026 | 2:00pm-3:30pm | Room 339
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Inference And the Board of Directors: The Cognitive Design of New Venture Governance
Research on the governance of new ventures has traditionally focused on mitigating incentive misalignment between founders and investors through boards’ incentive design, monitoring, and control rights. We identify a distinct governance problem: managing cognitive misalignment—systematic differences in beliefs about an opportunity’s underlying value. Cognitive misalignment arises from the inherent ...
Daniel Elfenbein, Washington University in St. Louis
Friday, May 29, 2026 | 10:30am-12:00pm | Room 335
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History as a Strategic Guide: Lessons from Two Centuries of Media Evolution for the Future
The past two centuries of electronic media evolution provide a rich historical laboratory for understanding contemporary patterns of socio-technological change. From the advent of telegraph in the nineteenth century, through the successive emergence of radio, broadcast television, and digital platforms, to the current proliferation of generative artificial intelligence, each new technology has precipitated ...
Marko Skoric, City University of Hong Kong
Wednesday, May 27, 2026 | 2:00pm-3:30pm | Room 335
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Hiring Talent in Technology-Advanced Economies: A Potential Threat to Host-Country Advantage?
Foreign MNEs from latecomer countries are often portrayed as aggressively recruiting technological talent and thereby threatening host-country advantage. Yet whether—and how—these MNEs can springboard via hiring remains unclear. Using archival data on 486 MNEs operating in the U.S. (1999–2016) and interviews with skilled inventors, we uncover a paradox in the springboard-via-hiring logic: externally,...
Victor Cui, University of Waterloo
Wednesday, May 27, 2026 | 2:00pm-3:30pm | Room 331
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Trading, Information, and Financial Fragility
We develop a model linking informed trading in financial markets to depositor coordination and bank stability. A speculative trader receives a private signal about the bank’s fundamental and trades strategically in the financial market, where prices are determined based on noisy aggregate order flow. Depositors observe the stock price, which may reveal trader’s signal, and use it together with their ...
Zhen Zhou, Tsinghua University
Wednesday, May 27, 2026 | 2:00pm-3:30pm | Room 339
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Jargon: A Dynamic Theory of Social Closure
This paper develops a dynamic theory of jargon as a mechanism of social closure. Insiders communicate to deepen productive knowledge, but their communication leaks knowledge to outsiders. Some outsiders become poseurs, able to mimic the first layer of insider language; some poseurs become amateurs, able to provide valuable service. We show that jargon is not simply a barrier to entry. It establishes ...
Jiahua Che, China Europe International Business School
Wednesday, May 27, 2026 | 2:00pm-3:30pm | Room 337
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