PUBLICATIONS

"Economic Expectations, Voting, and Economic Decisions around Elections," Tobias Konitzer, Masha Krupenkin, David Rothschild, and Shawndra Hill, AEA Papers and Proceedings 2018, vol. 108, 597–602

Monopoly Without a Monopolist: An Economic Analysis of the Bitcoin Payment System,” with Jacob Leshno and Ciamac Moallemi, August 2017.(Summary appears as a Dec 2017 VoxEU blogpost, The Economics of the Bitcoin Payment System.)

"Shortfall Aversion," with Paolo Guasoni and Dan Ren, working paper, Janaury 2017

"Moral Hazard and Debt Maturity," with Rafael Repullo, working paper, Decemebr 2013

"Performance Maximization of Actively Managed Funds," with Paolo Guasoni and Zhenyu Wang, Journal of Financial Economics, 2011, vol. 101, 574-595

"Is the Price of Money Managers too Low?," Rivista Bancaria - Minerva Babcaria, No 1 2010, 7-37

"Preferred Risk Habitat of Individual Investors," with Daniel Dorn, Journal of Financial Economics, 97

"Correlated trading and returns," with Daniel Dorn and Paul Sengmueller, Journal of Finance, 2008, vol. 63(2), 885-920.

"Defined Contribution Pension Plans: Determinants of Participation and Contribution Rates," with Sheena Iyengar and Wei Jiang, Journal of Financial Services Research, 2007, vol. 31(1), 1-32.

"Arbitrage Pricing Theory," with Zhenyu Wang, The New Palgrave Dictionary of Economics, 2nd Edition, S.N. Durlauf and L.E. Blume (eds), forthcoming, Palagrave Macmillan.

"Offering vs. Choice by 401(k) Plan Participants:  Equity Exposure and Number of Funds," with Wei Jiang, Journal of Finance, Vol. 61, No. 2, 2006, pp. 763-801; winner, Distinguished Paper award of the Smith-Breeden Prize

"Talk and Action: What Individuals Say and What They Do," with Daniel Dorn, Review of Finance, Vol. 9, 2005, pp. 437-481.

"Do Stock Price Bubbles Influence Corporate Investment?," with Simon Gilchrist and Charles P. Himmelberg, Journal of Monetary Economics, Volume 52, no. 4 (2005): 805–27.

"Optimal Liquidity Trading," with Werner Stanzl, Review of Finance, 2005, Vol. 9, No. 2, 165-200.

"Performance and Employer Stock in 401(k) Plans," with Paul Sengmuller, Review of Finance, Vol. 8, No. 3, September 2004, pp. 403-443.

"Price Manipulation and Quasi-Arbitrage," with Werner Stanzl, Econometrica, July 2004, Vol. 74, No. 4, pp. 1247-1276.

"Behavioral finance and markets," from Cognitive Processes and Economic Behavior, Dimitri, Nicola, Marcello Basili and Itzhak Gilboa, editors, Routledge 2003 (available at www.routledge.com), pp. 1-14.

"Contagious Speculation and a Cure for Cancer: A Non-Event that Made Stock Prices Soar," with Tomer Regev, Journal of Finance, February 2001, Vol. 56, No.1, pp. 387-396.

"Systematic Liquidity," with Dominika Halka, Journal of Financial Research, Spring 2001, Vol. 24, No. 2, pp. 161-178.

"Familiarity Breeds Investment," Review of Financial Studies, Fall 2001, Vol. 14, No. 3, pp. 659-680.