Paul Tetlock
A. Barton Hepburn Professor of Economics in the Faculty of Business
Finance
PhD, Harvard University, 2004
Joined CBS in 2008
Office:
1124
Kravis
E-mail:
[email protected]
Personal Website
Curriculum Vitae
Biography
Professor Tetlock's research interests include behavioral finance, asset pricing, and prediction markets. One area of his research examines how firms' stock market prices respond to the content of news stories. His 2007 Journal of Finance study on the impact of negative words, such as "flaw" and "ruin", won the Smith-Breeden Prize for the best article in asset pricing. His research has been featured in popular press outlets such as Business Week, The Economist, The New York Times, and The Wall Street Journal.
Professor Tetlock teaches the elective Capital Markets course. Prior to joining Columbia, he was a visiting assistant professor at Yale University in 2007-08, and an assistant professor at the University of Texas at Austin from 2004 to 2008. He taught Behavioral Finance at Yale, and Investment Management at Texas.
Teaching
Fall 2021
Capital Markets & Investments
(MBA)
Fall 2020
Capital Markets & Investments
(MBA)
Fall 2019
Capital Markets & Investments
(MBA)
Fall 2018
Research
Journal articles
What Drives Anomaly Returns?
In Journal of Finance
(2020)
Coauthor(s): Lars Lochstoer, Paul Tetlock
Retail Short Selling and Stock Prices
In The Review of Financial Studies
(2017)
Coauthor(s): Eric Kelley, Paul Tetlock
Biased Beliefs, Asset Prices, and Investment: A Structural Approach
In Journal of Finance
(2014)
Coauthor(s): Aydogan Alti, Paul Tetlock
Asset Pricing in the Dark: The Cross Section of OTC Stocks
In Review of Financial Studies
(2013)
Coauthor(s): Assaf Shtauber, Paul Tetlock
How Wise Are Crowds? Insights from Retail Orders and Stock Returns
In Journal of Finance
(2013)
Coauthor(s): Eric Kelley, Paul Tetlock
All the News That's Fit to Reprint: Do Investors React to Stale Information?
In Review of Financial Studies
(2011)
Coauthor(s): Paul Tetlock
Does Public Financial News Resolve Asymmetric Information?
In Review of Financial Studies
(2010)
Coauthor(s): Paul Tetlock
Short Selling and the News: A Preliminary Report on an Empirical Study
In New York Law School Law Review
(2010)
Coauthor(s): Lawrence Glosten, Merritt Fox, Paul Tetlock
More Than Words: Quantifying Language to Measure Firms' Fundamentals
In Journal of Finance
(2008)
Coauthor(s): Paul Tetlock, Maytal Saar-Tsechansky, Sofus Macskassy
Giving Content to Investor Sentiment: The Role of Media in the Stock Market
In Journal of Finance
(2007)
Coauthor(s): Paul Tetlock
Working papers
Model-Free Mispricing Factors
(2023)
Coauthor(s): Lars Lochstoer, Paul Tetlock
The Implied Equity Premium
(2023)
Coauthor(s): Paul Tetlock
Why Do Investors Trade?
(2013)
Coauthor(s): Eric Kelley, Paul Tetlock
Liquidity and Prediction Market Efficiency
(2008)
Coauthor(s): Paul Tetlock
Optimal Liquidity Provision for Decision Makers
(2007)
Coauthor(s): Robert Hahn, Paul Tetlock