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Industry equilibrium with blockchain
We analyze benefits and limitations of information sharing among product market rivals via a smart-contract-enabled blockchain. Firms...


Product market competition and equity returns
Working paper


Product market competition and convertible debt financing
Review of Corporate Finance, forthcoming


Trading volume manipulation and competition among centralized crypto exchanges
Management Science, forthcoming


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


Inefficient mergers
Journal of Banking and Finance 108 (11), November 2019


Trade credit and supplier competition
Journal of Financial Economics 131 (3), March 2019


The effects of horizontal merger operating efficiencies on rivals, customers, and suppliers
Review of Finance 23 (1), February 2019


Do underwriters compete in IPO pricing?
Management Science 64 (2), February 2018


Cash holdings, competition, and innovation
Journal of Financial and Quantitative Analysis 51 (6), December 2016


A Theory of strategic mergers
Review of Finance 16 (2), April 2012


Strategic IPOs and product market competition
Journal of Financial Economics 100 (1), April 2011


Capital structure and interaction among firms in output markets - theory and evidence
Journal of Business 79 (5), September 2006
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