ⅴ  Announcement of 2008 Smith Breeden and Brattle Group Prizes

Articles

549  Sensation Seeking, Overconfidence, and Trading Activity

Mark Grinblatt and Matti Keloharju

579  Equilibrium Portfolio Strategies in the Presence of Sentiment Risk and Excess Volatility

        Bernard Dumas, Alexander Kurshev, and Raman Uppal

631  Risk in Dynamic Arbitrage: The Price Effects of Convergence Trading

     Péter Kondor

657  Catastrophic Risk and Credit Markets

        Mark J. Garmaise and Tobias J. Moskowitz

709　Investor Inattention and Friday Earnings Announcements

Stefano Dellavigna and Joshua M. Pollet

751　What Drives the Disposition Effect? An Analysis of a Long-Standing Preference-Based Explanation

        Nicholas Barberis and Wei Xiong

785　Work Ethic, Employment Contracts, and Firm Value

        Bruce Ian Carlin and Simon Gervais

823　Creditor Rights, Enforcement, and Bank Loans

        Kee-Hong Bae and Vidhan K. Goyal

861　Securitization and the Declining Impact of Bank Finance on Loan Supply: Evidence from Mortgage Originations

        Elena Loutskina and Philip E. Strahan

891　Financial Constraints, Debt Capacity, and the Cross-section of Stock Returns

        Jaehoon Hahn and Hangyong Lee

923　Cash Flow, Consumption Risk, and the Cross-section of Stock Returns

        Zhi Da

957　Real Options, Product Market Competition, and Asset Returns

        Felipe L. Aguerrevere

985  Hedge Fund Risk Dynamics: Implications for Performance Appraisal

        Nicolas P. B. Bollen and Robert E. Whaley

1037  Income Risk and Portfolio Choice: An Empirical Study

         Xiaohong Angerer and Pok-Sang Lam

1057　Miscellanea