A Stock Return Decomposition Using Observables

Benjamin Knox, Annette Vissing-Jorgensen

Federal Reserve Board of Governors

Discussant: Thummim Cho (Korea University)

The Real Cost of Benchmarking

Christian Kontz, Sebastian Hanson

Stanford University

Discussant: David Schoenherr (Seoul National University)

Artificial Intelligence and Firms' Systematic Risk

Tania Babina², Anastassia Fedyk¹, Alex He³, James Hodson⁴

¹University of California, Berkeley; ²Columbia University; ³University of Maryland; ⁴AI for Good Foundation

Discussant: Sean Seunghun Shin (Korea Advanced Institute of Science & Technology)

AI Powered Trading, Algorithimic Collusion and Price Efficiency

Winston Dou¹, Itay Goldstein¹, Yan Ji²

¹University of Pennsylvania; ²Hong Kong University of Science and Technology

Discussant: Xian Wu (University of Wisconsin-Madison)

Employing Artificial Intelligence to Create Smart Limit Orders

Seongkyu {Gilbert} Park¹, Patrik Sandas²

¹Willamette University; ²University of Virginia

Discussant: Chen Yao (Chinese University of Hong Kong)

Machine Traders, Human Behavior, and Model (Mis)Specification

Ahmed Guecioueur

University of Washington

Discussant: Don Noh (Hong Kong University of Science and Technology)