2026 Program
The Thirty-fifth Annual Utah Winter Finance Conference will be held February 5-7, 2026. The opening reception begins Wednesday evening, February 4th. The location is the beautiful Cliff Lodge at Snowbird.
Wednesday February 4th
Opening Reception 6:00-8:30 pm (Golden Cliff)
Thursday February 5th
Breakfast 6:45-8:15 am (Ballroom 1 Lobby)
Session I: ASSET PRICING - Thursday 7:30-9:15 am
Session Chair: TBD
Economically Guided Sparse Factors
Authors: Qihui Chen (The Chinese University of Hong Kong, Shenzhen), Lin William Cong (Nanyang Technological University, ABFER, CEPR, and NBER), Chunyu Qi (The Chinese University of Hong Kong, Shenzhen).
Discussant: Andy Neuhierl (Purdue)
Authors: Emre Ozdenoren (LBS), Yuan Tian (LSE), Kathy Yuan (LSE)
Discussant: Michael Sockin (Texas)
Afternoon Snacks 4:30-7:15 pm (Ballroom 1 Lobby)
Session II: Beliefs in Financial Markets - Thursday 5:45-7:30 pm
Session Chair: TBD
Mental Models and Financial Forecasts
Authors: Francesca Bastianello (Chicago), Paul Decaire (Arizona State), Marius Guenzel (Wharton)
Discussant: Eduardo Dávila (Yale)
Authors: Tingyue Cui (Wharton), Ricardo Delao (USC), Sean Myers (Wharton)
Discussant: Lars Lochstoer (UCLA)
Dinner 7:30-9:30 pm (Golden Cliff)
Friday February 6th
Session III: The New Financial System - Friday 7:30-9:15 am
Session Chair: Chester Spatt (Carnegie Mellon University)
Author: Bian Bo (UBC), Qiushi Huang (Shanghai Advanced Institute of Finance), Ye Li (Washington), Huan Tang (Wharton)
Discussant: Evgeny Lyandres (Tel Aviv)
A Trilemma for Asset Demand Estimation
Authors: Daniel Neuhann (Texas), William Fuchs (Texas) Satoshi Fukuda (Santa Clara)
Discussant: Zhighuo He (Stanford)
Afternoon Snacks 4:30-7:15 pm (Ballroom 1 Lobby)
Session IV: On Delegation - Friday 5:45-7:30 pm
Session Chair: TBD
Author: Vadim Elenev (Johns Hopkins), Tim Landvoigt (Wharton), Stijn Van Nieuwerburgh (Columbia)
Discussant: Stavros Panageas (UCLA)
A Unified Theory of Delegated Capital Management
Authors: Jonathan Berk (Stanford), Peter DeMarzo (Stanford)
Discussant: S. Viswanathan (Duke)
Dinner 7:30-9:30 pm (Golden Cliff)
Saturday February 7th
Breakfast 6:45-8:15 am (Ballroom 1 Lobby)
Session V: Financial Institutions - Saturday 7:30-9:15 am
Session Chair: TBD
Household Portfolio and Deposit Insurance: Implications for the supply of safe Asset
Authors: Pulak Ghosh (IIM Bangalore), Nicola Limodio (Bocconi), Nishant Vats (Washington University)
Discussant: Julian Begenau (Stanford)
Search and Negotiation with Biased Beliefs in Consumer Credit Markets
Authors: Erik Berwart (CMF), Sean Higgins (Kellogg), Sheisha Kulkarni (UVA), Santiago Truffa (Universidad de Los Andes).
Discussant: Kelly Shue (Yale)
Dinner 6:00-9:00 pm (Twin Peaks)
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