• Email: pbond AT wharton.upenn.edu

• Phone: 215-898-2370

• Working papers in revision rounds at journals

• Other working papers

• Published/forthcoming papers

Working papers in revision rounds at journals

• "Market-based corrective actions," joint with Itay Goldstein (University of Pennsylvania) and Edward S. Prescott (Federal Reserve Bank of Richmond), July 2008.

  • Note: This paper previously circulated under the title "Market-Based Intervention and Non-Revealing Prices: The Case of Government Supervision of Banks,"

• "Strategic voting over strategic proposals," joint with Hülya Eraslan (University of Pennsylvania), May 2008.

• Appendix containing omitted proofs.

• Note: This paper previously circulated under the title "Bargaining collectively."

• "Prohibitions on penalties in private contracts," joint with Andrew Newman (Boston University), November 2006.

• "Contracting in the presence of judicial agency," September 2007.

Other working papers

• "Information-based trade," joint with Hülya Eraslan (University of Pennsylvania), July 2008.

• Appendix containing additional analysis.

• Note: This paper previously circulated under the title "Information, trade and common knowledge with endogenous asset values."

• "Debt restructuring and voting rules, " joint with Hülya Eraslan (University of Pennsylvania) [A SUBSTANTIALLY REVISED VERSION COMING SOON].

• "Preventing crime waves," joint with Kathleen Hagerty (Northwestern University), September 2007.

  • Note: this draft is a substantial rewrite of an earlier paper that circulated under the same title

  • Appendix containing omitted proofs.

• "Are cheap talk and hard evidence both needed in the courtroom?" May 2006.

• "Deterrence and plaintiff incentives," October 2007

  • Appendix containing additional results.

  • Note: This paper previously circulated under the title "Laws and contracts."

Published/forthcoming/conditionally accepted papers

• "Predatory mortgage lending," joint with David Musto (University of Pennsylvania) and Bilge Yilmaz (Stanford University), October 2008, forthcoming, Journal of Financial Economics. .

  • Online supplement dealing with imperfect lender foresight.

  • Note: This paper previously circulated under the title "Predatory lending in a rational world."

• "Borrrower runs," joint with Ashok Rai (Williams), May 2008, forthcoming, Journal of Development Economics.

• "Multitask principal-agent problems," joint with Armando Gomes (Washington University), April 2008, forthcoming, Journal of Economic Theory.

• "Persistent court corruption," August 2008, volume 118, issue 531, pages 1333-1353, Economic Journal.

• "Cosigned or group loans," joint with Ashok Rai, February 2008, volume 85, issues 1-2, pages 58-80, Journal of Development Economics.

• "Coordinating development: can income-based incentive schemes eliminate Pareto inferior equilibria?" joint with Rohini Pande, Volume 83, Issue 2, July 2007, Pages 368-391, Journal of Development Economics.

  • Appendix containing omitted results

• "Bank and non-bank financial intermediation," December 2004, volume 59, issue 6, pages 2489-2529, Journal of Finance.

• "Regulating exclusion from financial markets," joint with Arvind Krishnamurthy (Northwestern University), July 2004, volume 71, issue 3, pages 581-913, Review of Economic Studies.

  • Appendix containing omitted proofs

  • Note: This paper previously circulated under the title "Credit denial as a threat".

• "Joint liability among bank borrowers," January 2004, volume 23, issue 2, pages 383-394, Economic Theory.

• "Incentive compatible contractible information," September 2003, volume 22, issue 2, pages 375-394, Economic Theory.

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