Firm Dynamics with (liquidity, agency) Constraints
Process Intangibles and Agency Conflicts
(with Hui Chen, Mazi Kazemi and Hao Xing)
Keywords: Compensation, firm dynamics, Process intangibles, Intangibles
Why is Cash U-Shaped in Firm Size?
(with Max Reppen, Tarik Umar and Hao Xing)
Keywords: Liquidity, Cash holding, Costly financing
Heterogeneous Learning in Product Markets
(with Giacomo Lanzani and Hao Xing)
Keywords: Learning, Competition, Trading volume, Market power
Preparing for the Storm: Firm Policies and Time-varying Recession Risk
(with Dmitry Livdan, Max Reppen and Tarik Umar)
Keywords: Uncertainty, Recession risk, Business cycle, Liquidity
Banking
The Credit Supply Channel of Monetary Policy Tightening and its Distributional Impacts
NBER WP
(with Josh Bosshardt, Marco Di Maggio and Amir Kermani)
Keywords: Lending, Interest rate, Mortgage lending, house prices, Debt-to-income (DTI)
The Value of Intermediaries for GSE Loans
NBER WP
Media: FHFA Insights
(with Josh Bosshardt and Amir Kermani)
Keywords: Lending, Underwriting risk, Overlays, Bank and Nonbanks
Banking on the Edge: Liquidity Constraints and Illiquid Asset Risk
(with Josh Bosshardt and Farzad Saidi)
Keywords: Liquidity regulation, Bank risk taking, Insurance sector, LCR, NSFR
The Bank Liquidity Channel of Financial (In)stability
(with Josh Bosshardt and Farzad Saidi)
Keywords: Intermediation, Complexity, GFC, Quantitative easing
Information Choice and Amplification of Financial Crises
Review of Financial Studies (RFS)
vol 30 (with Toni Ahnert)
Keywords: Financial crises, Information panics, Costly information acquisition, Global games
Embedding
Are Patents with Female Inventors Under-Cited? Evidence from Causal Text Estimation
NBER WP
(with Yael V. Hochberg, Peiyao Li and Kunal Sachdeva)
Keywords: Big data, Transformers, Inference, Gender, Patent, Innovation, Text data
Market Microstructure
Finfluencers
SSRN, CEPR WP
(with Seyed Kazempour, Dmitry Livdan and Norman Schürhoff)
Keywords: Big data, Mixture modeling, Retail traders, Belief bias
Life after Default: Dealer Intermediation and Recovery in Defaulted Corporate Bonds
SSRN, CEPR WP
(with Friedrich Baumann, Dmitry Livdan, Abdolreza Nazemi and Norman Schürhoff)
Keywords: Big data, Corporate default, Recovery rate, Corporate bonds, OTC
Public vs. Private offers with informed and forward-looking dealers
(with Fei Song)
Keywords: Municipal bond, Liquidity, Trading volume, Disclosure, Welfare, OTC
Segmented Trading Markets
(with Kerry Back, Oguzhan Celebi and Max Reppen)
Keywords: Segmented markets, Trading volume, Speed, Competition
Advising the Management: A Theory of Shareholder Engagement
SSRN, Online Appendix, (Lead article and Editor’s Choice article)
Review of Financial Studies (RFS)
vol 36 (with Uliana Loginova, Andrey Malenko, Nadya Malenko)
Keywords: Trading, Belief vs Bias, Voting, Incentive
Dynamic Price Discovery: Transparency vs. Information Design
Games and Economic Behavior (GEB)
vol 122 (with Fei Song)
Keywords: Dynamic price discovery, Learning dynamics, Heterogenous risk aversion, Hedging, Information design
Financial Networks
Optimal Contracting in Networks
Journal of Economic Theory (JET)
vol 183 (with Ali Jadbabaie)
Keywords: Networks, Network externality, Financial networks, Contracts
Dynamic Pricing in Social Networks: The Word of Mouth Effect
Management Science (MS)
vol 64 (with Amir Ajorlou and Ali Jadbabaie)
Keywords: Networks, COASE Conjecture, Price fluctuations, Zero pricing, Information diffusion
When does introducing verifiable communication choices improve welfare?
Journal of Economic Behavior and Organization (JEBO)
vol 210 (with Uliana Loginova)
Keywords: Networks, Corporate governance, Communication, Welfare, Board of directors
Competition in Electricity Markets with Renewable Energy Sources
Energy Journal (invited)
vol 38 (with Daron Acemoglu and Asu Ozdaglar)
Keywords: Networks, Merit order effect hypothesis, Forward contract, Renewable energy, Price volatility
- A preliminary version of this paper was accepted for presentation in 52nd Annual Allerton Conference, UIUC (Allerton'14)
Process Intangibles and Agency Conflicts
(with Hui Chen, Mazi Kazemi and Hao Xing)
Keywords: Compensation, firm dynamics, Process intangibles, Intangibles
Why is Cash U-Shaped in Firm Size?
(with Max Reppen, Tarik Umar and Hao Xing)
Keywords: Liquidity, Cash holding, Costly financing
Heterogeneous Learning in Product Markets
(with Giacomo Lanzani and Hao Xing)
Keywords: Learning, Competition, Trading volume, Market power
Preparing for the Storm: Firm Policies and Time-varying Recession Risk
(with Dmitry Livdan, Max Reppen and Tarik Umar)
Keywords: Uncertainty, Recession risk, Business cycle, Liquidity
Banking
The Credit Supply Channel of Monetary Policy Tightening and its Distributional Impacts
NBER WP
(with Josh Bosshardt, Marco Di Maggio and Amir Kermani)
Keywords: Lending, Interest rate, Mortgage lending, house prices, Debt-to-income (DTI)
The Value of Intermediaries for GSE Loans
NBER WP
Media: FHFA Insights
(with Josh Bosshardt and Amir Kermani)
Keywords: Lending, Underwriting risk, Overlays, Bank and Nonbanks
Banking on the Edge: Liquidity Constraints and Illiquid Asset Risk
(with Josh Bosshardt and Farzad Saidi)
Keywords: Liquidity regulation, Bank risk taking, Insurance sector, LCR, NSFR
The Bank Liquidity Channel of Financial (In)stability
(with Josh Bosshardt and Farzad Saidi)
Keywords: Intermediation, Complexity, GFC, Quantitative easing
Information Choice and Amplification of Financial Crises
Review of Financial Studies (RFS)
vol 30 (with Toni Ahnert)
Keywords: Financial crises, Information panics, Costly information acquisition, Global games
Embedding
Are Patents with Female Inventors Under-Cited? Evidence from Causal Text Estimation
NBER WP
(with Yael V. Hochberg, Peiyao Li and Kunal Sachdeva)
Keywords: Big data, Transformers, Inference, Gender, Patent, Innovation, Text data
Market Microstructure
Finfluencers
SSRN, CEPR WP
(with Seyed Kazempour, Dmitry Livdan and Norman Schürhoff)
Keywords: Big data, Mixture modeling, Retail traders, Belief bias
Life after Default: Dealer Intermediation and Recovery in Defaulted Corporate Bonds
SSRN, CEPR WP
(with Friedrich Baumann, Dmitry Livdan, Abdolreza Nazemi and Norman Schürhoff)
Keywords: Big data, Corporate default, Recovery rate, Corporate bonds, OTC
Public vs. Private offers with informed and forward-looking dealers
(with Fei Song)
Keywords: Municipal bond, Liquidity, Trading volume, Disclosure, Welfare, OTC
Segmented Trading Markets
(with Kerry Back, Oguzhan Celebi and Max Reppen)
Keywords: Segmented markets, Trading volume, Speed, Competition
Advising the Management: A Theory of Shareholder Engagement
SSRN, Online Appendix, (Lead article and Editor’s Choice article)
Review of Financial Studies (RFS)
vol 36 (with Uliana Loginova, Andrey Malenko, Nadya Malenko)
Keywords: Trading, Belief vs Bias, Voting, Incentive
Dynamic Price Discovery: Transparency vs. Information Design
Games and Economic Behavior (GEB)
vol 122 (with Fei Song)
Keywords: Dynamic price discovery, Learning dynamics, Heterogenous risk aversion, Hedging, Information design
Financial Networks
Optimal Contracting in Networks
Journal of Economic Theory (JET)
vol 183 (with Ali Jadbabaie)
Keywords: Networks, Network externality, Financial networks, Contracts
Dynamic Pricing in Social Networks: The Word of Mouth Effect
Management Science (MS)
vol 64 (with Amir Ajorlou and Ali Jadbabaie)
Keywords: Networks, COASE Conjecture, Price fluctuations, Zero pricing, Information diffusion
When does introducing verifiable communication choices improve welfare?
Journal of Economic Behavior and Organization (JEBO)
vol 210 (with Uliana Loginova)
Keywords: Networks, Corporate governance, Communication, Welfare, Board of directors
Competition in Electricity Markets with Renewable Energy Sources
Energy Journal (invited)
vol 38 (with Daron Acemoglu and Asu Ozdaglar)
Keywords: Networks, Merit order effect hypothesis, Forward contract, Renewable energy, Price volatility
- A preliminary version of this paper was accepted for presentation in 52nd Annual Allerton Conference, UIUC (Allerton'14)
Mechanism design and Auctions
Book: Resource Allocation in Decentralized Systems with Strategic Agents: An Implementation Theory Approach
Springer Outstanding PhD Thesis Award
Winner of the Richard and Eleanor Towner Prize
for Distinguished Academic Achievement
Keywords: Mechanism design, Contract, Complex Networks, Optimal pricing
Book: Resource Allocation in Decentralized Systems with Strategic Agents: An Implementation Theory Approach
Springer Outstanding PhD Thesis Award
Winner of the Richard and Eleanor Towner Prize
for Distinguished Academic Achievement
Keywords: Mechanism design, Contract, Complex Networks, Optimal pricing
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
(with A. Nayyar, S. Sharma and D. Teneketzis)
Keywords: Mechanism design, Auction, Contract, Complex Networks
Publications in OR and IEEE:
Game theory and Control
Pay To Bid Auctions: To bid or not to bid
Operations Research Letters (ORL)
vol 41 [Extended version with re-entry effects]
Keywords: Auction, Pay to bid auctions, Risk loving bidders, Entry and re-entry effect
An Efficient Game Form for Unicast Service Provisioning
IEEE Transactions on Automatic Control (TAC)
vol 57 (with Demos Teneketzis)
Keywords: Game theory, Control, Full Nash Implementation, Market mechanisms, Wallrasian equilibrium, Complex Networks
Power Allocation and Spectrum Sharing in Multiuser Multichannel Systems with Strategic Users
IEEE Transactions on Automatic Control (TAC)
vol 57 (with Demos Teneketzis)
Keywords: Game theory, Control, Full Nash Implementation, Public good mechanisms, Lindahl equilibrium, Budget balance on and off equilibrium, Individual rationality, Contract
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 (with Demos Teneketzis)
Keywords: Game theory, Control, Public good/Market mechanisms, Lindahl/Wallrasian equilibrium, Budget balance on and off equilibrium, Individual rationality, Contract
Information theory, Entropy cost
Tight Bounds On the Redundancy of Huffman codes
IEEE Transactions on Information Theory (IT)
vol 58 (with Soheil Mohajer, Payam Pakzad)
Keywords: Information theory, A proof to the YE & YEUNG Conjecture with extensions, Huffman coding, Shannon theory, Probability theory
On Describing the Routing Capacity Regions of Networks
Mathematical Methods of Operations Research (MMOR)
vol 72 (with Sadegh M. S. Yazdi)
Keywords: Complexity theory, Probabilistic methods, Fourier–Motzkin elimination, Farkas lemma, Japanese theorem
Cambridge University Press
(with A. Nayyar, S. Sharma and D. Teneketzis)
Keywords: Mechanism design, Auction, Contract, Complex Networks
Publications in OR and IEEE:
Game theory and Control
Pay To Bid Auctions: To bid or not to bid
Operations Research Letters (ORL)
vol 41 [Extended version with re-entry effects]
Keywords: Auction, Pay to bid auctions, Risk loving bidders, Entry and re-entry effect
An Efficient Game Form for Unicast Service Provisioning
IEEE Transactions on Automatic Control (TAC)
vol 57 (with Demos Teneketzis)
Keywords: Game theory, Control, Full Nash Implementation, Market mechanisms, Wallrasian equilibrium, Complex Networks
Power Allocation and Spectrum Sharing in Multiuser Multichannel Systems with Strategic Users
IEEE Transactions on Automatic Control (TAC)
vol 57 (with Demos Teneketzis)
Keywords: Game theory, Control, Full Nash Implementation, Public good mechanisms, Lindahl equilibrium, Budget balance on and off equilibrium, Individual rationality, Contract
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 (with Demos Teneketzis)
Keywords: Game theory, Control, Public good/Market mechanisms, Lindahl/Wallrasian equilibrium, Budget balance on and off equilibrium, Individual rationality, Contract
Information theory, Entropy cost
Tight Bounds On the Redundancy of Huffman codes
IEEE Transactions on Information Theory (IT)
vol 58 (with Soheil Mohajer, Payam Pakzad)
Keywords: Information theory, A proof to the YE & YEUNG Conjecture with extensions, Huffman coding, Shannon theory, Probability theory
On Describing the Routing Capacity Regions of Networks
Mathematical Methods of Operations Research (MMOR)
vol 72 (with Sadegh M. S. Yazdi)
Keywords: Complexity theory, Probabilistic methods, Fourier–Motzkin elimination, Farkas lemma, Japanese theorem
Last Update: 2023