Research
Curriculum Vitae and Citations:
Publications:
“Common Ownership, Competition, and Top Management Incentives” with Miguel Antón, Mireia Giné, and Martin Schmalz, Journal of Political Economy, Vol. 131, No. 5, pp. 1294-1355, May 2023.
Prizes: (i) SIOE Oliver Williamson Best Conference Paper Award, (ii) IEAF-FEF Prize for Best Research Paper in Financial Economics
“The Great Startup Sellout and the Rise of Oligopoly” with Bruno Pellegrino, AEA Papers & Proceedings, Vol. 113, pp. 274-278, May 2023.
“Mergers and Acquisitions under Common Ownership” with Miguel Antón, Mireia Giné, and Bruno Pellegrino, AEA Papers & Proceedings, Vol. 113, pp. 294-98, May 2023.
“Trust and Promises over Time” with Frédéric G. Schneider, American Economic Journal: Microeconomics, Vol. 14, No. 3, pp. 304-320, August 2022.
“Killer Acquisitions” with Colleen Cunningham and Song Ma, Journal of Political Economy, Vol. 129, No. 3, pp. 649–702, March 2021 (lead article).
Selected Policy Impact: (i) White House Executive Order on Promoting Competition, (ii) U.S. House Judiciary Committee Report on Competition in Digital Markets, (iii) FTC issues 6(b) orders to examine past acquisitions by large tech companies, (iv) EU Legislation on Killer Acquisitions, (v) Killer acquisitions call for revamp of China's merger-control threshold
Prizes: (i) AdC Competition Policy Award, (ii) Robert F. Lanzillotti Prize 2020, (iii) Mark A. Satterthwaite Award 2018, (iv) WFA 2018 Best Corporate Finance Paper , (v) Academy of Management Sumantra Ghoshal Research and Practice Award, (vi) Jerry S. Cohen Award for Antitrust Scholarship, (vii) ACE Best Paper Award 2022
“Search Fatigue” with Bruce Carlin, Review of Industrial Organization, Vol. 54, No. 3, pp. 485-508, May 2019.
“Gaming and Strategic Opacity in Incentive Provision” with Richard Holden and Margaret Meyer, RAND Journal of Economics, Vol. 49, No. 4, pp. 819-854, Winter 2018.
“Moral Intuitions of Promise Keeping,” with Alexander Stremitzer, Principia, Special Issue on Heuristics, Ethics and Epistemology of Law, Vol. LXV, pp. 5-33, December 2018
“Promises and Expectations” with Alexander Stremitzer, Games and Economic Behavior, Vol. 106, pp. 161-178, November 2017.
“Understanding Mechanisms Underlying Peer Effects: Evidence from a Field Experiment on Financial Decisions” with Leonardo Bursztyn, Bruno Ferman and Noam Yuchtman, Econometrica, Vol. 82, No. 4, pp. 1273-1301, July 2014.
Prizes: Finalist for the Exeter Prize for Behavioral Economics 2015
“Delay and Deadlines: Freeriding and Information Revelation in Partnerships” with Arthur Campbell and Johannes Spinnewijn, American Economic Journal: Microeconomics, Vol. 6, No. 2, pp. 163-204, May 2014.
“Is Pay-for-Performance Detrimental to Innovation?” with Gustavo Manso, Management Science, Vol. 59, No. 7, pp. 1496-1513, July 2013.
Downloads: (i) z-Tree Treatments, (ii) Instructions, (iii) Web Code Version
Prizes: Winner 2018 INFORMS TIME Best Paper Award
“Feedback and Motivation in Dynamic Tournaments,” Journal of Economics and Management Strategy, Vol. 19, No. 3, pp. 733-769, Fall 2010. WP Version
“Interpersonal Comparison, Status and Ambition in Organizations,” with Andrea Patacconi, Journal of Economic Behavior and Organization, Vol. 75, No. 2, pp. 348-363, August 2010. WP Version
Working Papers:
“A Tale of Two Networks: Common Ownership and Product Market Rivalry” with Bruno Pellegrino, Revise & Resubmit: Review of Economic Studies
Prizes: (i) Econometric Society 2022 Best Paper Award, (ii) ALEA 2023 Best Paper in Antitrust & Competition Policy, (iii) Washington Center for Equitable Growth Grant
“Anonymity and Identity Online” with Paul Goldsmith-Pinkham and Kyle Jensen
Video Explainers: (i) EJMR Username Prediction, (ii) EJMR IP Determination, (iii) EJMR IP Statistics
Presentation: NBER Summer Institute 2023 Video
“Innovation: The Bright Side of Common Ownership?” with Miguel Antón, Mireia Giné, and Martin Schmalz, Revise & Resubmit: Management Science.
“Common Ownership and Relative Performance Evaluation” with Miguel Antón, Mireia Giné, and Martin Schmalz
“Incentives for Parallel Innovation”, Revise & Resubmit: Journal of Law, Economics, and Organization.
“Bayesian Persuasion with Lie Detection” with Weicheng Min
“Deception and Incentives: How Dishonesty Undermines Effort Provision” with Ernst Fehr, Revise & Resubmit: Management Science.
Books and Book Chapters:
“Incentives for Innovation: Bankruptcy, Corporate Governance, and Compensation Systems,” with Gustavo Manso, Handbook of Law, Innovation, and Growth, Edward Elgar Publishing, March 2011
“Solutions Manual to Accompany Contract Theory” with Arthur Campbell, Moshe Cohen and Johannes Spinnewijn, MIT Press, September 30, 2007.
Other Work:
“Comment on the Role of Killer Acquisitions in Merger Guidelines,” with Zaakir Tameez.
Old “Humor”:
“Is this your Final(s) Answer?” with Martin Oehmke, FREVD'S Working Paper Series, December 10, 2002.
