My
research
focuses
on thefinancial sector and its workers[e.g., fund managers,
traders, bankers, regulators]. In particular, I build theoretical models
to analyze how various financial intermediaries create and allocate surplus in the economy. * Summary of my whole research portfolio as of May 2023
* Summary of my work on Informational Frictions in Decentralized Markets, 2019 Finance Theory Group Summer School [video]
* Summary of my work on Arms Races in Finance, 2019 Corporate Finance Symposium in Gerzensee
Financial
Expertise as an Arms Race
[with Richard
C. Green and Richard Lowery]
* Journal
of Finance
67, October 2012, pp. 1723-1759 [CFA Digest, Knowledge@Wharton]
* Terker
Family Prize in Financial Research for 2010 [2nd Place] ---
Rodney
L.
White Center at Wharton
Why
Mutual Funds "Underperform"
* Journal
of
Financial
Economics99, March
2011, pp.
546-559
* Best
Paper Award [Capital Markets] ---
2008 Northern Finance Association Meeting
* Best
Paper Award [Investments] ---
2007 Financial Management Association Meeting
Teaching
Valuation
[formerly
titled: Corporate Valuation] at Wharton
since
Spring 2010