Research
Microstructure of asset market
Liquidity, Welfare and Transparency in Dynamic OTC markets
(with F. Song)
Keywords: Microstructure of asset markets, Liquidity, Trading volume, Disclosure, Welfare
Speed Competition and Segmentation in Illiquid Markets
(with O. Celebi and K. Li)
Keywords: Microstructure of asset markets, Venue competition, Trading volume, Market segmentation, Liquidity, Welfare
Financial crisis, Banking, Intermediation
Liquidity Regulation, Bank Complexity and Policy: GFC vs COVID-19 Crisis
(with J. Bosshardt)
Keywords: Banking, Liquidity regulations, Complexity, COVID-19, GFC, Quantitative easing
The Effect of Liquidity Regulation on U.S. Bank Risk-Taking: Evidence from Non-Performing Loans and CDS Spreads (with J. Bosshardt)
Keywords: Banking, Liquidity regulation, Bank risk, Reserve requirements, Liquidity Coverage Ratio, COVID-19, global financial crisis, CDS
Why did Firms Draw Down their Credit Lines during the COVID-19 Shutdown? (with J. Bosshardt)
Keywords: Credit lines, COVID-19, Liquidity, Investment
Information Choice and Amplification of Financial Crises
Review of Financial Studies (RFS)
vol 30, no. 6, 2130-2178, 2018. (with T. Ahnert)
Keywords: Banking, Financial crises, Information panics, Costly information acquisition, Global games
Corporate governance
Advising the Management
SSRN, Internet Appendix
Review of Financial Studies (RFS), Revise & Resubmit
(with U. Loginova, A. Malenko, N. Malenko)
Keywords: Corporate governance, Advisory voting, Advisory board, Incentive, Trading
Managerial Protections, Capital Requirements, and Bank Lending
(with J. Bosshardt)
Keywords: Banking, Capital requirement, Stress testing, Managerial protections, Investment, Corporate governance
Contract, Learning, Compensation
Market Power and Asymmetric Learning in Product Markets
(with G. Lanzani)
Keywords: Product markets, Learning, Heterogenous learning speeds, Asset pricing, Trading volume, Market power
Dynamic R&D Contracting (with K. Li)
Keywords: Dynamic financing, Optimal continuous-time contract, Incentive-pay compensation
When does introducing verifiable communication choices improve welfare? (with U. Loginova)
Keywords: Communication technologies, Welfare, Incentive, Cost structure
Optimal Contracting in Networks
Journal of Economic Theory (JET)
vol 183, no. 9, 1094-1153, 2019. (with A. Jadbabaie)
Keywords: Optimal contracting, Incomplete information, Network externality, Financial networks
Dynamic Pricing in Social Networks: The Word of Mouth Effect
Management Science (MS)
vol 64, no. 2, pp. 971-979, 2018. (with A. Ajorlou and A. Jadbabaie)
Keywords: COASE Conjecture, Price fluctuations, Zero pricing, Information diffusion
Dynamic Price Discovery: Transparency vs. Information Design
Games and Economic Behavior (GEB)
vol 122, no. 7, pp. 203-232, 2020. (with F. Song)
Keywords: Information design, Dynamic price discovery, Learning dynamics, Heterogenous risk aversion, Market microstructure, Hedging
Renewable energy, Commodity market
Competition in Electricity Markets with Renewable Energy Sources
Energy Journal (invited) (with Daron Acemoglu and Asuman Ozdaglar)
vol 38, no. SI1, pp. 137-155, 2018
Keywords: Energy finance, Commodity market, Renewable energy, Merit order effect hypothesis, Price volatility
- A preliminary version of this paper was accepted for presentation in 52nd Annual Allerton Conference, UIUC (Allerton'14).
Selling Wind
Energy Journal (with I. Schneider and Asuman Ozdaglar)
vol 40, no 3, pp. 167-195, 2019
Keywords: Energy finance, Commodity market, Market power, Pricing wind, Public forecasting, Collusion
Market-Mechanism design, Auctions
Book: Resource Allocation in Decentralized Systems with Strategic Agents: An Implementation Theory Approach
- Springer Outstanding PhD Thesis Award, 2014
- Winner of the Richard and Eleanor Towner Prize
for Distinguished Academic Achievement, 2013
Keywords: Full Nash Implementation, Contract, Wallrasian equilibrium, Lindahl equilibrium, Budget balance on and off equilibrium, Individual rationality, Complex Networks, Mechanism-Market design
Book: Resource Allocation in Decentralized Systems with Strategic Agents: An Implementation Theory Approach
- Springer Outstanding PhD Thesis Award, 2014
- Winner of the Richard and Eleanor Towner Prize
for Distinguished Academic Achievement, 2013
Keywords: Full Nash Implementation, Contract, Wallrasian equilibrium, Lindahl equilibrium, Budget balance on and off equilibrium, Individual rationality, Complex Networks, Mechanism-Market design
Book Chapter: Power Allocation, Spectrum Sharing, and Revenue Maximization in Networks: An Implementation Theory Approach
Ch. 5 in Mechanisms and Games for Dynamic Spectrum Allocation. Editors: T. Alpcan, H. Boche, M. Honig, H. Vincent Poor
Cambridge University Press, 2014.
(with A. Nayyar, S. Sharma and D. Teneketzis)
Keywords: Full Nash Implementation, Auction, Contract, Complex Networks, Mechanism-Market design
An Efficient Game Form for Unicast Service Provisioning
IEEE Transactions on Automatic Control (TAC) vol. 57, no. 2, 2012. (with D. Teneketzis)
- A preliminary version of this paper was accepted for presentation in
47th Annual Allerton Conference, UIUC, (Allerton'09).
Keywords: Full Nash Implementation, Market mechanisms, Wallrasian equilibrium, Complex Networks, Mechanism-Market design
Power Allocation and Spectrum Sharing in Multiuser Multichannel Systems with Strategic Users
IEEE Transactions on Automatic Control (TAC) vol. 57, no. 5, 2012. (with D. Teneketzis)
- A preliminary version of this paper was accepted for presentation in
49th Conference on Decision and Control, (CDC2010).
Keywords: Full Nash Implementation, Public good mechanisms, Lindahl equilibrium, Budget balance on and off equilibrium, Individual rationality, Contract
Pay To Bid Auctions: To bid or not to bid
Operations Research Letters (ORL)
vol 41, no 5, 2014. [Extended version with re-entry effects]
Keywords: Dynamic Auction, Pay to bid auctions, Risk loving bidders, Entry and re-entry effect
An Efficient Game Form for Multi-rate Multicast Service Provisioning
IEEE Journal on Selected Areas in Communications (JSAC)
Lead article in the Special issue on "Network Economics"
vol. 30, no. 11, 2012. (with D. Teneketzis)
Keywords: Nash Implementation, Public good/Market mechanisms, Lindahl/Wallrasian equilibrium, Budget balance on and off equilibrium, Individual rationality, Contract
Shannon capacity, Information theory, Entropy cost
Tight Bounds On the Redundancy of Huffman codes
IEEE Transactions on Information Theory (IT)
vol. 58, no. 11, 2012. (with S. Mohajer, P. Pakzad)
Keywords: A proof to the YE & YEUNG Conjecture with extensions, Huffman coding, Information (Shannon) theory, Probability theory
Anti-Uniform Huffman Codes
IET Communications
vol. 5, 2012. (with S. Mohajer)
Keywords: Information (Shannon) theory, AUH codes, Huffman coding
Discrete optimization, Probabilistic methods
On the construction of prefix-free and fix-free codes with specified codeword compositions
Discrete Applied Mathematics (DAM)
vol. 159, 2011. (with M. Zadimoghaddam)
Keywords: A proof to the CARTER & GILL Conjecture for distinct codes, Approximation algorithm
On Describing the Routing Capacity Regions of Networks
Mathematical Methods of Operations Research (MMOR)
vol. 72, 2012. (S. M. S. Yazdi)
Keywords: Complexity theory, Probabilistic methods, Fourier–Motzkin elimination, Farkas lemma, Japanese theorem
Book Chapter: On the Routing Capacity Regions of Networks
iConcept press. (S. M. S. Yazdi)
Keywords: Discrete optimization, Farkas lemma, Japanese theorem, Complexity theory, Probabilistic methods, Network capacity
Last Update: Oct 2020