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June 5–6, 2026
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Kellogg School of Management
2211 Campus Drive
Room 4101
Evanston, IL

The Conference will bring together leading researchers in microeconomics, macroeconomics, and finance to discuss theoretical models of expectation formation and the implications of learning and bounded rationality in macroeconomics and finance. The conference is sponsored by the Kellogg Center for Mathematical Studies in Economics and Management Science. 

 

Speakers include:
Conference organizer and speaker: Pooya Molavi (Northwestern University - Kellogg)
Pedro Bordalo (University of Oxford)
Cosmin Ilut
(Duke University)
Lars Lochstoer (UCLA - Anderson)
Stefan Nagel (University of Chicago - Booth)
Kristoffer Nimark (Cornell University)
Indira Puri (NYU - Stern)
Karthik Sastry (Princeton University)
Martin Schneider (Stanford University)






Agenda

June 5    

9:30am - 10:00am         
Continental Breakfast

10:00am - 10:50am       
Kristoffer Nimark
 
“The Macroeconomics of Surveillance Capitalism”

10:50am - 11:10am       
Break

11:10am - 12:00pm       
Karthik Sastry
"Forecasting with Uncertain Persistence"

12:00pm - 1:30pm         
Lunch


1:30pm - 2:20pm           
Pooya Molavi
"Learning and the Emergence of Nonlinearity in Financial Markets"

2:20pm - 3:10pm           
Martin Schneider
"Why Does Uncertainty Increase in Recessions"

3:10pm - 3:30pm           
Break


3:30pm - 4:20pm           
Indira Puri
 
"Timing Risk and Valuation"

4:20pm - 5:10pm           
Stefan Nagel
"Leaning Against Inflation Experiences"

Conclude

6:00pm                            
Dinner by invitation

June 6

8:30am - 9:00am           
Continental Breakfast


9:00am - 9:50am           
Cosmin Ilut
"Learning Optimal Behavior Through Reasoning and Experiences"

9:50am - 10:40am         
Lars Lochstoer
"Household Consumption Forecast Errors and Self Control Risk"

10:40am - 11:00am        
Break

11:00am - 11:50am        
Pedro Bordalo
"The Psychology of Macroeconomic Expectations"

Lunch/Conclude