Sixth Annual Social Science Research Conference
Credit, Trust and Calculation
Social Sciences Building 101
Conference Program
Friday, November 15
Breakfast at Empress Hotel
9:30-11:30 Credit in Historical Perspectives
Jean-Laurent Rosenthal, UCLA, Phillip Hoffman, California Institute of Technology, Gilles Postel-Vinay, INRA-EHESS, Paris
“Through the Tempest Slowly; Trust and Credit Markets in France 1740-1840.”
Rowena Olegario, Vanderbilt
"Art and Method: Assessing Credit Risk in the Early-19th Century U.S."
Martha Olney, UC Berkeley
“Spendthrift, or Sophisticated Borrower? Twentieth Century Evolution of
Consumer Credit”
Discussant: Bruce Carruthers, Northwestern
11:30-12:30 Lunch
12:30-2:30 Small Business Credit
Timothy Guinnane, Yale, Bruce Carruthers, Northwestern
"Uniform Small Loan Laws in the United States, 1900-1940: A Case Study in the Influence of Foundations."
Nicole Woolsey-Biggart, UC Davis
“Banking on Each Other”
Maitreesh Ghatak, London School of Economics
"Exploiting Social Networks to Alleviate Credit Market Failures"
Discussant: Joel Watson, UC, San Diego
2:50-5:15: Corporate Finance and Credit
Lisa Keister, Ohio State
“Capital Structure in Transition in China”
Linda Stearns, UC Riverside,
"Corporate Financing and Social Embeddedness: Similarity of Borrowing by Large U.S. Firms, 1973-1993"
Ivan Major, Hungarian Academy of Sciences
“Corporate Loans in Hungary: Big Is Beautiful?"
Toby Stuart, University of Chicago, Olav Sorenson, UC Los Angeles
Triads in Venture Capital
Discussant: James Rauch, UC, San Diego
6:15 Dinner at Piatti’s in La Jolla
Saturday, November 16
Breakfast at Empress Hotel
9:00-11:00 Consumer Credit I
Lawrence Ausubel, Maryland
"Adverse Selection in the Credit Card Market"
Tamara Perkins, Lewis and Clark
“Credit Worthiness Decision-Making in Mainland China: An Overview and Some Observations”
Alya Guseva, Boston Univerisity
“Uncertainty and the Russian Credit Card and Insurance Markets”
Dicussant: Michael Staten, Credit Research Center, Georgetown U.
11:15-1:00 Consumer Credit II
Thomas Layman Global Visions formerly chief economists of VISA
“Credit Cards and International Expansion by US Card Issuers: Challenges and Pitfalls”
Michael Staten, Credit Research Center, Georgetown U.
“The Value of Comprehensive Credit Reporting”
.Discussant: Akos Rona-Tas, UC, San Diego
1:00-2:00 Lunch
2:00-4:00 Credit and Uncertainty
Akos Rona-Tas, UC, San Diego
“Uncertainty and Credit Card Lending in Hungary”
Robyn Dawes, Carnegie Mellon
“Statistical Prediction Rules: Using the Best Possible Predictions, but Potentially Causing Social Harm Due to Regression Effects.”
Michelle White
“Bankruptcy and Credit Markets”
Discussant: Christopher Woodruff, UC, San Diego
7:00 Dinner at Spice and Rice, in La Jolla
The conference was made possible by grants from
The Dean of the Division of the Social Sciences
The Institute for International, Comparative and Area Studies
and support from the Department of Sociology