Behavioral Finance Symposium


Keynote Remarks by Nobel Laureate Robert J. Shiller, Sterling Professor of Economics at Yale University and
Keynote Remarks by Diana Farrell, Founding President & CEO, JPMorgan Chase Institute

Significant strides in consumer protection, investment advice rules, retirement security policies, fintech innovations on credit, investment, insurance, payments and financial management have been made as a result of behavioral research and innovation over the last decade.

This symposium takes stock of what we have learned, explores where progress or retrenchment has occurred, and charts paths for future research, product innovation and better policies at all levels. We will be exploring four areas in depth: consumer finance, investment and retirement security, micro-enterprise and small business, and macro financial stability.

The symposium will include keynote and panel discussions, plus other activities. Co-hosted by ideas42 and the Center on Finance, Law, and Policy at the University of Michigan.

Thursday, September 14, 2017
U-M Ross School of Business, Robertson Auditorium (1st Floor)
8:00 a.m. Continental Breakfast
8:45 a.m. Welcome
9:00 a.m. Keynote Address by Yale University economist & Nobel Laureate Robert J. Shiller
10:10 a.m. Break
10:30 a.m. Panel 1 – Consumer Protection
Moderator: Professor Eldar Shafir, Princeton University
Karen Biddle Andres, Vice President of Network Engagement, Center for Financial Services Innovation (CFSI)
Mary Ellen Iskendarian, CEO, Women’s World Banking
Tim Spence, Chief Strategy Officer, Fifth Third Bank
Professor Mehrsa Baradaran, University of Georgia Law School
12:00 p.m. Results Reveal – Research Experiment 
12:15 p.m. Lunch and Networking
1:15 p.m. Panel 2 – Investor Protection
Moderator: Professor Dana Muir, University of Michigan Ross School of Business
Phyllis Borzi, former Asst. Secretary, U.S. Department of Labor
Professor James Choi, Yale University
Jeroen Nieboen, Technical Specialist, Behavioural Economics & Data Science Unit, UK’s Financial Conduct Authority
Steve Wendel, Head of Behavioral Science, Morningstar
2:45 p.m. Break
3:00 p.m. Panel 3 – Micro-Enterprises & Small Business
Moderator: Professor Antoinette Schoar, MIT Sloan School of Management
Bindu Ananth, Chair, India’s IFMR Trust
Professor Shawn Cole, Harvard Business School
Joyce Klein, Director, Aspen (FIELD)
Professor Justin Wolfers, University of Michigan Gerald R. Ford School of Public Policy
4:30 p.m. Day 1 Recess
Friday, September 15, 2017
U-M Ross School of Business, Blau Colloquium (5th Floor)
 8:15 a.m. Continental Breakfast
 8:45 a.m. Welcome and Reconvene
 9:00 a.m. Results Reveal – Research Experiment 
 9:15 a.m. Keynote Address by JPMorgan Chase Institute President & CEO Diana Farrell
 10:30 a.m. Break
 10:45 a.m. Audience Participation Experiment
 11:45 a.m. Lunch pick-up
12:00 p.m. Panel 4 – Macro Issues/Market Stability
Moderator: Michael S. Barr, University of Michigan Gerald R. Ford School of Public Policy and University of Michigan Law School
Professor Andrew Caplin, New York University
Professor Claire Hill, University of Minnesota Law School
Professor John Leahy, University of Michigan Gerald R. Ford School of Public Policy
Joseph Tracy, Executive Vice President and Senior Advisor to the President, The NY Federal Reserve
1:30 p.m. Results Reveal – Audience Participation Experiment 
2:00 p.m. Closing Remarks


Financial support for the Behavioral Finance Symposium generously provided by:


Want to learn more about behavioral finance? Here’s a primer.