FINANCE THEORY GROUP
The goal of the group is to foster theoretical research in the areas of corporate finance, financial institutions, and financial markets. We hold two meetings every year, where members and fellows meet to present and discuss their work. Members and fellows are researchers from leading institutions, who work primarily on the theory of corporate finance, financial institutions, and financial markets.
The group was founded by Itay Goldstein and Gustavo Manso in the fall of 2009, when they organized the first meeting at MIT. Since then, the organization of meetings is rotated among members of the group, such that each meeting is organized by two different members. Participation is by invitation only.
For more information, see our By-Laws.
CURRENT BOARD OF DIRECTORS
PREVIOUS BOARD MEMBERS
BEST PAPER AWARD
Awarded to the best theory papers on the finance job market (based on a vote of members of the group):
2013 (financed by Itay Goldstein, Gustavo Manso, Adriano Rampini, Uday Rajan, Ilya Strebulaev):
First Prize: Contracting Timely Delivery with Hard to Verify Quality by Felipe Varas (Stanford, joining Duke)
2012 (financed by Itay Goldstein, Gustavo Manso, Adriano Rampini, Uday Rajan, Ilya Strebulaev):
First Prize: by Ming Yang (Princeton, joining Duke)
Second Prize: by Matteo Maggiori (Berkeley, joining NYU)
2011 (financed by Viral Acharya, Itay Goldstein, Gustavo Manso, Robert Marquez, Marcus Opp, Adriano Rampini, Uday Rajan, Ilya Strebulaev):
First Prize: Asymmetric Information in Financial Markets: Anything Goes by Bradyn Breon-Drish (Berkeley, joining Stanford)
Second Prize: Sticky Incentives and Dynamic Agency: Optimal Contracting with Perks and Shirking by John Zhu (Berkeley, joining Wharton)
Hengjie Ai (Minnesota), Elias Albagli (USC), Andres Almazan (Texas), Aydogan Alti (Texas), Daniel Andrei (UCLA), Fernando Anjos (Texas), Ana Babus (Chicago Fed), Snehal Banerjee (Kellogg), Philip Bond (University of Washington), Matthieu Bouvard (McGill), Bradyn Breon-Drish (Stanford), Andrea Buffa (BU), Bruce Carlin (UCLA), Archishman Chakraborty (Yeshiva), Hui Chen (MIT), Ing-Haw Cheng (Dartmouth), Jonathan Cohn (Texas), Brendan Daley (Duke), Amil Dasgupta (LSE), Adolfo De Motta (McGill), Sebastian Di Tella (Stanford), Alex Edmans (Wharton), Andrea Eisfeldt (UCLA), Emmanuel Farhi (Harvard), Willie Fuchs (Berkeley), Diego Garcia (UNC), Nicolae Garleanu (Berkeley), Simon Gervais (Duke), Vincent Glode (Wharton), Eitan Goldman (Indiana), Itay Goldstein (Wharton), Alexander Gorbenko (LBS), Brett Green (Berkeley), Dirk Hackbarth (BU), Barney Hartman-Glaser (UCLA), Zhiguo He (Chicago), Philipp Illeditsch (Wharton), Ohad Kadan (Washington University), Ron Kaniel (Rochester), Anastasia Kartasheva (BIS), Peter Kondor (CEU), Yrjo Koskinen (BU), Pablo Kurlat (Stanford), Nisan Langberg (Houston), Samuel Lee (NYU), Yaron Leitner (Philadelphia Fed), Doron Levit (Wharton), Dmitry Livdan (Berkeley), Richard Lowery (Texas), Evgeny Lyandres (BU), Matteo Maggiori (NYU), Igor Makarov (LSE), Semyon Malamud (Lausanne), Andrey Malenko (MIT), Nadya Malenko (BC), Gustavo Manso (Berkeley), Robert Marquez (UC Davis), Marc Martos-Vila (LBS), Rich Mathews (Maryland), Jianjun Miao (BU), Konstantin Milbradt (Kellogg), Martin Oehmke (Columbia), Christian Opp (Wharton), Marcus Opp (Berkeley), Guillermo Ordonez (Penn), Emilliano Pagnotta (NYU), Christine Parlour (Berkeley), Tomasz Piskorski (Columbia), Guillaume Plantin (Toulouse), Paul Povel (Houston), Uday Rajan (Michigan), Adriano Rampini (Duke), Matt Rhodes-Kropf (HBS), Jacob Sagi (UNC), Francesco Sangiorgi (Stockholm), Lukas Schmid (Duke), Alp Simsek (MIT), Raj Singh (Minnesota), Ilya Strebulaev (Stanford), Gunter Strobl (Frankfurt), Ajay Subramanyan (Georgia State), Alexei Tchistyi (Berkeley), James Thompson (Waterloo), Felipe Varas (Duke), Neng Wang (Columbia), Ed van Wesep (Vanderbilt), Lucy White (HBS), Liyan Yang (Toronto), Ming Yang (Duke), Vijay Yerramilli (Houston), Bilge Yilmaz (Wharton), Adam Zawadoski (BU), Haoxiang Zhu (MIT), John Zhu (Wharton).
Anat Admati (Stanford), Franklin Allen (Wharton), Patrick Bolton (Columbia), Peter DeMarzo (Stanford), Douglas Diamond (Chicago), Darrell Duffie (Stanford), Michael Fishman (Kellogg), Milton Harris (Chicago), Bengt Holmstrom (MIT), Albert Pete Kyle (Maryland), Hayne Leland (Berkeley), Stewart Myers (MIT), Vish Viswanathan (Duke), Andrew Winton (Minnesota), Jeffrey Zwiebel (Stanford).
DISCUSSIONS AND OPINIONS: