Here are the top 5 papers downloaded from the SSRN eLibrary for the week ending December 4, 2009:

1. Underwater and Not Walking Away: Shame, Fear and the Social Management of the Housing Crisis
by Brent T. White (University of Arizona – James E. Rogers College of Law)

2. Luck Versus Skill in the Cross Section of Mutual Fund Returns
by Eugene F. Fama (University of Chicago – Booth School of Business) and Kenneth R. French (Dartmouth College – Tuck School of Business; National Bureau of Economic Research (NBER))

3. A Quantitative Approach to Tactical Asset Allocation
by Mebane T. Faber (Cambria Investment Management)

4. The Loser’s Curse: Overconfidence vs. Market Efficiency in the National Football League Draft
by Cade Massey (Yale School of Management; Duke University – Fuqua School of Business) and Richard H. Thaler (University of Chicago – Booth School of Business; National Bureau of Economic Research (NBER))

5. Governance Matters VIII: Aggregate and Individual Governance Indicators, 1996-2008
by Daniel Kaufmann (The Brookings Institution) and Aart Kraay (World Bank – Development Research Group (DECRG)) and Massimo Mastruzzi (World Bank Institute)