Paul C. Tetlock

Columbia Business School - Finance and Economics

Roger F. Murray Associate Professor of Finance

3022 Broadway

New York, NY 10027

United States

http://www0.gsb.columbia.edu/faculty/ptetlock/

SCHOLARLY PAPERS

24

DOWNLOADS
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16,790

CITATIONS
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in Total Papers Citations

452

Scholarly Papers (24)

1.

Statement on Prediction Markets

AEI-Brookings Joint Center Related Publication No. 07-11
Number of pages: 8 Posted: 07 May 2007
Stanford University - Department of Economics, Yale University - School of Management, University of South Florida - College of Business, Council on Foreign Relations (CFR) - Council on Foreign Relations- Washington D.C., Dartmouth College, Illinois Institute of Technology, University of Oxford, Smith School, George Mason University, Princeton University, California Institute of Technology - Division of the Humanities and Social Sciences, University of Chicago Law School, Stanford University, University of Iowa - Henry B. Tippie College of Business - Department of Economics, University of Iowa - Henry B. Tippie College of Business - Department of Economics, Bocconi University - Department of Economics, California Institute of Technology - Division of the Humanities and Social Sciences, University of Maryland, Yale University - Cowles Foundation, Chapman University - Economic Science Institute, Independent, Harvard Law School, Columbia Business School - Finance and Economics, University of California, Berkeley - Organizational Behavior & Industrial Relations Group, University of California, Berkeley - School of Information and University of Michigan at Ann Arbor - Department of Economics
Downloads 3,338 (2,004)
Citation 2

Abstract:

prediction markets, public policy, forecasting, regulation

2.

Giving Content to Investor Sentiment: The Role of Media in the Stock Market

Journal of Finance, Forthcoming
Number of pages: 51 Posted: 21 Mar 2005
Paul C. Tetlock
Columbia Business School - Finance and Economics
Downloads 1,728 (4,069)
Citation 179

Abstract:

Investor sentiment, financial news media, content analysis, efficient markets

3.

More than Words: Quantifying Language to Measure Firms' Fundamentals

9th Annual Texas Finance Festival
Number of pages: 48 Posted: 13 Aug 2006
Columbia Business School - Finance and Economics, University of Texas at Austin and Fetch Technologies, Inc
Downloads 1,202 (9,738)
Citation 132

Abstract:

Market Efficiency, Underreaction, News Media, Qualitative Information, Language

4.

Has Economic Analysis Improved Regulatory Decisions?

AEI-Brookings Joint Center Working Paper No. 07-08
Number of pages: 31 Posted: 23 Apr 2007
Robert W. Hahn and Paul C. Tetlock
University of Oxford, Smith School and Columbia Business School - Finance and Economics
Downloads 1,127 (13,570)
Citation 14

Abstract:

Does Public Financial News Resolve Asymmetric Information?

AFA 2010 Atlanta Meetings Paper
Number of pages: 52 Posted: 21 Nov 2008 Last Revised: 30 Aug 2011
Paul C. Tetlock
Columbia Business School - Finance and Economics
Downloads 1,017 (16,446)
Citation 30

Abstract:

media coverage, news, asymmetric information, liquidity, return momentum, return reversal

Does Public Financial News Resolve Asymmetric Information?

Review of Financial Studies, Vol. 23, No. 9, pp. 3520-3557, 2010
Number of pages: 52 Posted: 27 Oct 2011
Paul C. Tetlock
Columbia Business School - Finance and Economics
Downloads 95 (232,381)
Citation 30

Abstract:

All the News That's Fit to Reprint: Do Investors React to Stale Information?

AFA 2009 San Francisco Meetings Paper
Number of pages: 48 Posted: 03 Oct 2007 Last Revised: 30 Aug 2011
Paul C. Tetlock
Columbia Business School - Finance and Economics
Downloads 849 (21,597)
Citation 37

Abstract:

public news, media coverage, stale information, overreaction, return reversal

All the News That's Fit to Reprint: Do Investors React to Stale Information?

Review of Financial Studies, Forthcoming
Number of pages: 49 Posted: 27 Oct 2011
Paul C. Tetlock
Columbia Business School - Finance and Economics
Downloads 106 (215,155)
Citation 37

Abstract:

7.

Liquidity and Prediction Market Efficiency

Number of pages: 49 Posted: 25 Mar 2008 Last Revised: 30 Aug 2011
Paul C. Tetlock
Columbia Business School - Finance and Economics
Downloads 928 (17,665)
Citation 3

Abstract:

Liquidity, Underreaction, Market Efficiency, Prediction Markets, Limits to Arbitrage, Prospect Theory

Asset Pricing in the Dark: The Cross Section of OTC Stocks

Netspar Discussion Paper No. 11/2010-093
Number of pages: 76 Posted: 21 Apr 2011 Last Revised: 02 Aug 2013
Andrew Ang, Assaf A. Shtauber and Paul C. Tetlock
BlackRock, Inc, Columbia University - Columbia Business School and Columbia Business School - Finance and Economics
Downloads 456 (50,265)
Citation 7

Abstract:

Illiquidity Premium, Limits to Arbitrage, Disclosure, Over-the-counter Markets, OTC Stocks, Pink Sheets, Bulletin Board, Return Anomalies

Asset Pricing in the Dark: The Cross Section of OTC Stocks

Number of pages: 76 Posted: 26 Nov 2010 Last Revised: 02 Aug 2013
Andrew Ang, Assaf A. Shtauber and Paul C. Tetlock
BlackRock, Inc, Columbia University - Columbia Business School and Columbia Business School - Finance and Economics
Downloads 242 (104,219)
Citation 7

Abstract:

Illiquidity Premium, Limits to Arbitrage, Over-the-Counter Markets, OTC Stocks, Pink Sheets, Bulletin Board, Disclosure, Return Anomalies

9.

How Wise Are Crowds? Insights from Retail Orders and Stock Returns

Journal of Finance, Forthcoming
Number of pages: 85 Posted: 31 Aug 2010 Last Revised: 24 Jan 2012
Eric K. Kelley and Paul C. Tetlock
University of Tennessee and Columbia Business School - Finance and Economics
Downloads 679 (25,629)
Citation 14

Abstract:

market efficiency, retail investor behavior, return predictability, liquidity provision, financial news, private information

Short Selling and the News: A Preliminary Report on an Empirical Study

Columbia Law and Economics Working Paper No. 364
Number of pages: 66 Posted: 28 Jan 2010 Last Revised: 17 Jul 2011
Merritt B. Fox, Lawrence R. Glosten and Paul C. Tetlock
Columbia University - Law School, Columbia Business School - Finance and Economics and Columbia Business School - Finance and Economics
Downloads 502 (44,394)
Citation 3

Abstract:

Short Selling

Short Selling and the News: A Preliminary Report on an Empirical Study

New York Law School Law Review, Vol. 54, No. 3, pp. 645-686, 2009-2010
Number of pages: 42 Posted: 27 Oct 2011
Lawrence R. Glosten, Merritt B. Fox and Paul C. Tetlock
Columbia Business School - Finance and Economics, Columbia University - Law School and Columbia Business School - Finance and Economics
Downloads 57 (313,408)
Citation 3

Abstract:

Short Selling and the News: A Preliminary Report on an Empirical Study

New York Law School Law Review, Vol. 54, No. 3, pp. 645-686, 2010
Number of pages: 42 Posted: 22 Oct 2011
Lawrence R. Glosten, Merritt B. Fox and Paul C. Tetlock
Columbia Business School - Finance and Economics, Columbia University - Law School and Columbia Business School - Finance and Economics
Downloads 26 (427,668)
Citation 3

Abstract:

11.

Using Information Markets to Improve Public Decision Making

Harvard Journal of Law and Public Policy, Summer 2003, AEI-Brookings Joint Center Working Paper No. 04-18
Number of pages: 80 Posted: 20 Jan 2005
Robert W. Hahn and Paul C. Tetlock
University of Oxford, Smith School and Columbia Business School - Finance and Economics
Downloads 431 (50,676)
Citation 12

Abstract:

Information markets, policy decisions, efficiency

12.

Biased Beliefs, Asset Prices, and Investment: A Structural Approach

Journal of Finance, Forthcoming
Number of pages: 59 Posted: 12 May 2011 Last Revised: 31 Oct 2013
Aydogan Alti and Paul C. Tetlock
University of Texas at Austin - Department of Finance and Columbia Business School - Finance and Economics
Downloads 320 (62,927)
Citation 1

Abstract:

mispricing, market efficiency, behavioral biases, overconfidence, extrapolation, investment efficiency

13.

Why Do Investors Trade?

Number of pages: 65 Posted: 22 May 2012 Last Revised: 21 May 2013
Eric K. Kelley and Paul C. Tetlock
University of Tennessee and Columbia Business School - Finance and Economics
Downloads 255 (82,004)

Abstract:

structural estimation, overconfidence, news arrival, extended hours

14.

The Economics Of Regulating Cellular Phones In Vehicles

AEI-Brookings Joint Center Working Paper No. 99-09
Number of pages: 43 Posted: 21 Dec 1999
Robert W. Hahn and Paul C. Tetlock
University of Oxford, Smith School and Columbia Business School - Finance and Economics
Downloads 241 (101,261)
Citation 2

Abstract:

cellular phones, driving, individuals, accidents, fatalities

15.
Downloads 237 (107,026)
Citation 2

Information Markets: A New Way of Making Decisions

Reg-Markets Books and Monographs 06-03
Number of pages: 212 Posted: 16 Apr 2009
Robert W. Hahn and Paul C. Tetlock
University of Oxford, Smith School and Columbia Business School - Finance and Economics
Downloads 237 (106,557)
Citation 2

Abstract:

16.

A New Approach for Regulating Information Markets

Journal of Regulatory Economics, Forthcoming, AEI-Brookings Joint Center Working Paper
Number of pages: 25 Posted: 18 Oct 2005
Robert W. Hahn and Paul C. Tetlock
University of Oxford, Smith School and Columbia Business School - Finance and Economics
Downloads 206 (120,698)
Citation 3

Abstract:

17.

Designing Information Markets for Decision Making

AEI-Brookings Joint Center Working Paper No. 05-23
Number of pages: 48 Posted: 08 Dec 2005
Paul C. Tetlock, Robert W. Hahn and Donald D. Lien
Columbia Business School - Finance and Economics, University of Oxford, Smith School and University of Texas at San Antonio - College of Business - Department of Economics
Downloads 185 (130,014)

Abstract:

information markets, decision markets

18.

Retail Short Selling and Stock Prices

Columbia Business School Research Paper No. 13-70
Number of pages: 59 Posted: 11 Sep 2013 Last Revised: 23 Aug 2016
Eric K. Kelley and Paul C. Tetlock
University of Tennessee and Columbia Business School - Finance and Economics
Downloads 169 (106,052)
Citation 1

Abstract:

short selling, retail investor, informed trading, return predictability, market efficiency

19.

Harnessing the Power of Information: A New Approach to Economic Development

AEI-Brookings Joint Center Working Paper No. 04-21
Number of pages: 20 Posted: 30 Dec 2004
Robert W. Hahn and Paul C. Tetlock
University of Oxford, Smith School and Columbia Business School - Finance and Economics
Downloads 162 (146,740)

Abstract:

Economic development, information markets, development decisions

20.

Optimal Liquidity Provision for Decision Makers

AEI-Brookings Joint Center Working Paper No. 06-18
Number of pages: 50 Posted: 25 Mar 2008 Last Revised: 30 Aug 2011
Paul C. Tetlock and Robert W. Hahn
Columbia Business School - Finance and Economics and University of Oxford, Smith School
Downloads 152 (155,539)
Citation 3

Abstract:

Liquidity, Prediction Markets, Information Markets, Subsidy

21.

Big Ideas: The Market's Last Frontier

Milken Institute Review, Vol. 7, No. 1, pp. 83-89, 2005, AEI-Brookings Joint Center Working Paper No. 04-17
Number of pages: 9 Posted: 18 Oct 2005
Robert W. Hahn and Paul C. Tetlock
University of Oxford, Smith School and Columbia Business School - Finance and Economics
Downloads 130 (175,087)

Abstract:

22.

Asset Pricing in the Dark: The Cross Section of OTC Stocks

NBER Working Paper No. w19309
Number of pages: 77 Posted: 10 Aug 2013
Andrew Ang, Assaf A. Shtauber and Paul C. Tetlock
BlackRock, Inc, Columbia University - Columbia Business School and Columbia Business School - Finance and Economics
Downloads 9 (446,305)
Citation 7

Abstract:

23.

What Drives Anomaly Returns?

Columbia Business School Research Paper No. 16-50
Number of pages: 73 Posted: 13 Jul 2016 Last Revised: 14 May 2017
Lars A. Lochstoer and Paul C. Tetlock
University of California, Los Angeles (UCLA) - Anderson School of Management and Columbia Business School - Finance and Economics
Downloads 0 (71,846)

Abstract:

Anomalies, expected stock returns, efficient portfolio

24.

Information Transmission in Finance

Annual Review of Financial Economics, Vol. 6, pp. 365-384, 2014
Posted: 25 Nov 2014
Paul C. Tetlock
Columbia Business School - Finance and Economics

Abstract: