"Incentives to Innovate and the Decision to Go
Public or Private" (with Daniel Ferreira and Andre Silva).
Review of Financial Studies (forthcoming).
"Incentives and Creativity: Evidence from the Academic Life Sciences"
(with Pierre Azoulay and Joshua Graff Zivin).
Rand Journal of Economics , vol. 42, pp. 527-554, 2011.
"Motivating Innovation."
Journal of Finance, vol. 66, pp. 1823-1869, 2011.
"Governance Through Trading and Intervention: A Theory of Multiple Blockholders" (with Alex Edmans).
Review of Financial Studies, vol. 24, pp. 2395-2428, 2011.
"The Relative Contributions of Private Information Sharing
and Public Information Releases to Information Aggregation" (with Darrell Duffie and Semyon Malamud).
Journal of Economic Theory, vol. 145, pp. 1574-1601, 2010.
"Obfuscation, Learning, and the Evolution of Investor Sophistication" (with Bruce Carlin).
Review of Financial Studies, vol. 23, pp. 754-785, 2011.
"Information Percolation with Equilibrium Search Dynamics" (with Darrell Duffie and Semyon Malamud),
Econometrica, vol. 77, pp. 1513-1574, 2009.
"Performance-Sensitive Debt" (with Bruno
Strulovici and Alexei Tchistyi), Review of Financial Studies,
vol. 23, pp. 1819-1854, 2010.
"Information Percolation" (with Darrell Duffie
and Gaston Giroux), American Economic Journal:
Microeconomics, vol. 2, pp. 100-111, 2010.
"Investment Reversibility and Agency Cost of
Debt," Econometrica, vol. 76, pp. 437-442, 2008.
"Information Percolation in Large Markets." (with Darrell Duffie),
American Economic Review P&P., vol. 97, pp. 203-209, 2007.
Book Chapters
"Incentives for Innovation: Bankruptcy, Corporate
Governance, and Compensation Systems" (with Florian
Ederer). Handbook of Law, Innovation, and Growth, Edward
Elgar Publishing, 2011.
Working Papers
"Information Percolation in Segmented Markets" (with Darrell Duffie and Semyon Malamud)
"Libertarian Paternalism, Information Sharing, and Financial Decision-Making" (with Bruce Carlin and Simon Gervais)
"Macroeconomic Risk and Debt Overhang" (with Hui Chen)
Honors
Swiss Finance Institute Outstanding Paper Award, 2010.
Review of Financial Studies Young Researcher Award, 2009.
NBER IPE Grant, "Incentives and Creativity," 2007-2008.
Lehman Brothers Fellowship for Research Excellence in Finance, First Prize, 2005.
Stanford Institute for Economic Policy Research (SIEPR) Fellowship, 2005-2006.
Student Travel Award, American Finance Association, 2005.
Jaedicke Merit Award, Stanford Graduate School of Business, 2001-2002.
GSB Fellowship, Stanford Graduate School of Business, 2001-2006.
Award for Academic Achievement, Instituto Matemática Pura e Aplicada, 2001.
Academic Excellence Scholarship, Pontifícia Universidade Católica, 1995-1999.
First place in admission exams, Pontifícia Universidade Católica, 1995.
Professional Services
Referee for American Economic Review, Economic Inquiry
, Economic Journal, Economic Theory,
Econometrica ,
Journal of Accounting Research ,
Journal of
Economic Theory, Journal of Finance, Journal of
Financial Intermediation, Journal of Financial and
Quantitative Analysis,
Journal of Political Economy, Management Science,
Quarterly Journal of Economics, Review of Economics and Statistics,
Review of Economic Studies, Review of Finance,
Review of Financial Studies.
Organizer of the First Workshop of the Finance Theory Group (with Itay
Goldstein)
Session Chair:
Finance Cavalcade, 2011 (``Finance and Innovation'')
Society for Economic Dynamics, 2011 (``Dynamics of Financial Markets'')
Western Finance Association Meetings, 2011 (``Asset Pricing: Technology,
Learning,
and Productivity'')
American Finance Association Meetings, 2011 (``Capital
Structure: Beyond Debt and Equity'')
Organizing Committee Member:
Society for Economic Dynamics, 2011
Western Finance Association Meetings, 2007-2012
