Bilge Yılmaz

Associate Professor of Finance

The Wharton School

University of Pennsylvania

2300 Steinberg Hall-Dietrich Hall

Philadelphia, PA 19104

Publications

• “Adverse Selection and Convertible Bonds” Review of Economic Studies, forthcoming (with Archishman Chakraborty).
• “Security Design in Initial Public Offerings,” Review of Finance, forthcoming (with Archishman Chakraborty and Simon Gervais).
• “Predatory Mortgage Lending,” Journal of Financial Economics (2009), 94, 412-427 (with P. Bond and D. Musto).
• “Information and Efficiency in Tender Offers,” Econometrica (2008), 76(5), 1075-1101 (with R. Marquez).
• “Microstructure Bluffing with Nested Information,” American Economic Review Papers & Proceedings (2008), 98(2), 280-284 (with A. Chakraborty).
• “Manipulation in Market Order Models,” Journal of Financial Markets (2004), 7, 187-206 (with A. Chakraborty).
• “Informed Manipulation,” Journal of Economic Theory, (2004), 114, 132-152 (with A. Chakraborty).
• “Multi-Stage Financing and the Winner’s Curse,” Economics Bulletin (2003), 4(32), 1-8 (with A. Chakraborty).
• “Trading and Voting,” Journal of Political Economy (2003), 111, 990-1003 (with D. Musto).
• “Two-Class Voting: A Mechanism for Conflict Resolution?” American Economic Review (2002), 92, 1448-1471 (with E. Maug).
• “Majoritarian Compromise is Subgame Perfect Implementable and Majoritarian Optimal
,” Social Choice and Welfare (1999), 16, 615-627 (with M. R. Sertel).

Papers Submitted for Publication

• “Deliberation and Security Design in Bankruptcy,” (with Hülya Eraslan).

Active Working Papers

• “Conditional versus Unconditional Offers in Takeovers,” (under revision) (with R. Marquez).
• “Takeover Bidding and Shareholder Information,” (with R. Marquez).
• “Communication, Consensus and Control,” (under revision) (with Archishman Chakraborty).