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Quantitative investments in decentralized finance
working paper


Industry equilibrium with blockchain
Research Policy, forthcoming


Auditing decentralized finance (DeFi) protocols
working paper


Trading volume manipulation and competition among centralized crypto exchanges
Management Science 71 (10), October 2025


Product market competition with crypto tokens and smart contracts
Journal of Financial Economics 149 (1), July 2023


Initial coin offering (ICO) success and post-ICO performance
Management Science 68 (12), December 2022


A theory of ICOs: Diversification, agency, and information asymmetry
Management Science 67 (10), October 2021
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